Meta Rules Out RALS and Refund Transfers

Friday, 03 December 2010
News

Meta BankMeta Financial Group, which had been expected to fund a refund loan program, has ruled out the possibility of funding loans for the upcoming tax season through its Meta Payments Division. In an SEC filing, the bank reported it had concluded it would be unable to get the necessary federal approval to offer any tax-related programs in 2011. The language Meta used also indicates it would not provide a tax refund transfer program.

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