Borrowed Time: Use of Refund Anticipation Loans Among EITC Filers in Native Communities

The Earned Income Tax Credit (EITC) returns over $44 billion each year to low-to-moderate income working families and lifts approximately five million people above the poverty line. Unfortunately, paid tax preparers have weakened the economic impact of the EITC by over $600 million a year by offering Refund Anticipation Loans (RALs). This report provides data on the use of RALs in Native communities.