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Tax Refund Anticipation Lender Surety Bond

A Tax Refund Anticipation Lender Surety Bond is a license and permit surety bond required by certain government jurisdictions of companies that provide refund anticipation loans to consumers. A refund anticipation loan is a short term cash advance against a consumer’s anticipated tax refund offered at relatively high interest rates. The bond guarantees that the lender will loan the money at interest rates within the required limits of that jurisdiction as well as follow the guidelines for refund anticipation lenders in that jurisdiction.