Atax refund anticipation loan is a great way to get your refund money now instead of waiting several weeks for the government to send you your check.
true or false?

The statement is: False.

Explanation:

Tax Refund Anticipation Loans (RAL) is a loan given by third-party companies dedicated to file tax returns based on the expected tax refund they can receive. Individuals typically receive their tax return refund within some weeks after filing their tax returns. People with immediate money needs can see this as a solution to that problem but may imply big interest payments afterward.

answer; buying the bill at a discount from the face value to be received at maturity;