Refund Advance definition

Refund Advance has the meaning given in the preamble to this Agreement.
Refund Advance or “RA” means a tax refund-related consumer loan originated by Meta, offered in Retail Locations and virtually at the time of tax preparation under the Program, which has no finance charge payable by the consumer and is secured and repaid solely by the consumer’s tax refund(s), as further described in Schedule E (Refund Advance Product Schedule), and includes any Refund Advances Axos transferred to Meta pursuant to the Purchase Agreement. For the avoidance of doubt, the definition of Refund Advance includes Virtual Refund Advances.
Refund Advance or "RA" means a tax refund-related consumer loan originated by Meta, offered in Retail Locations at the time of tax preparation under the Program, which has no finance charge payable by the consumer and is secured and repaid solely by the consumer's tax refund(s), as further described in Schedule E (Refund Advance Product Schedule), and includes any Refund Advances Axos transferred to Meta pursuant to the Purchase Agreement.

Examples of Refund Advance in a sentence

  • A new Section 5.8 is added to the Amended PMA as follows:5.8 Refund Advance Program.

  • Consumers that were “hungry” for their refunds alternatively had access to a Refund Advance which they got as early as January 2.

  • Go Big Refund Advance Loans are offered after you have filed your tax return.

  • IRD carries out Tax Administration, Tax Policy, Tax Payer Services, Registration, Revenue Collection, Tax audit, Tax Enforcement and investigation, Review & Appeal, Tax Refund, Advance Ruling, Tax Treaty and International Taxation, Excises and Liquor Administration and Monitoring of non-tax.

  • Beforepay does not charge the consumer any interest or other fees; ● Consumers have their Beforepay Tax Refund Advance automatically repaid by the Beforepay approved tax accounting partner that estimated the tax refund from the ATO.

  • Department forms will be supplied at the time of award of contract along with instructions for completion, execution, and submission to the Department.

  • For the avoidance of doubt, the “Virtual RA Addendum to the Program Management Agreement and Refund Advance Payment Agreement” dated December 30, 2020 is expiring according to its terms, and beginning in Tax Season 2022, Virtual RAs will be treated as Refund Advances for purposes of the PMA and Refund Advance Payment Agreement.

  • If the taxpayer then wishes to apply for a Refund Advance Loan, you must allow them to submit an application.▶ You must not promise final approval based on this preliminary criteria; loan approval is notguaranteed.▶ Final eligibility for the Refund Advance Loan is determined by us after we receive the application and complete our underwriting process.▶ A taxpayer can apply for a Refund Advance Loan without requesting a Refund Transfer.

  • This form must be signed by the taxpayer applicant(s) before you submit the application for the Refund Advance Loan.

  • The Parties acknowledge that EFS and its Affiliates may choose any entity or entities to originate the Refund Advance (the "Refund Advance Originator").


More Definitions of Refund Advance

Refund Advance has the meaning set forth in Section 3(f) of this First Amendment.

Related to Refund Advance

  • SOFR Advance means any Loan which, except as otherwise provided in Section 2.10, bears interest at a rate based on Adjusted Term SOFR (other than a Floating Rate Advance as to which the interest rate is determined with reference to Adjusted Term SOFR or a SOFR Market Index Rate Advance).

  • L/C Advance means, with respect to each Lender, such Lender’s funding of its participation in any L/C Borrowing in accordance with its Applicable Percentage.

  • Term Advance has the meaning specified in Section 2.01(a).

  • Revolving Advance has the meaning given in Section 2.1.

  • Refund anticipation loan means an extension of credit to a taxpayer that a person arranges to be repaid directly from the proceeds of the taxpayer's federal or state personal income tax refund.

  • Cash Advance means an advance or payment made in any currency or by travellers’ cheques, notes or other forms representing an amount of any currency by any Merchant, bank or other financial institution and shall include any amount paid by DBS for the credit of the Cardmember’s account(s) with any person which had issued to the Cardmember any credit or charge card(s).

  • PMI Advance As defined in the related Servicing Agreement, if applicable.

  • Tax Advance has the meaning set forth in Section 6.02(a).

  • Unpaid Advance has the meaning assigned to such term in Section 2.05.

  • Loan Advance The meaning specified in Section 2.2(a).

  • Payment/Advance Form is that certain form attached hereto as Exhibit B.

  • Funding Loan means the Funding Loan in the original maximum principal amount of $ made by Funding Lender to Governmental Lender under the Funding Loan Agreement, the proceeds of which are used by the Governmental Lender to make the Borrower Loan.

  • Tranche A Advance has the meaning specified in Section 2.01(a).

  • Subsidy Loan Any Mortgage Loan subject to a temporary interest subsidy agreement pursuant to which the monthly interest payments made by the related Mortgagor will be less than the scheduled monthly interest payments on such Mortgage Loan, with the resulting difference in interest payments being provided by the employer of the Mortgagor. Each Subsidy Loan will be identified as such in the Mortgage Loan Schedule.

  • Term SOFR Advance means an Advance that bears interest at a rate based on clause (a) of the definition of Term SOFR.

  • SOFR Loan means a Loan that bears interest at a rate based on Adjusted Term SOFR, other than pursuant to clause (c) of the definition of “Base Rate”.

  • Unapplied Non-Extension Advance means any Non-Extension Advance other than an Applied Non-Extension Advance.

  • Cash Advance Fees shall have the meaning specified in the Credit Card Agreement applicable to each Account for cash advance fees or similar terms.

  • Tranche B Advance has the meaning specified in Section 2.01(b).

  • Additional Advance means each additional loan that is made under an RBC Homeline Plan after the initial advance, including any new or additional advances, increases to principal, or further borrowings or extensions of the term, including in the case of any fluctuating account or accounts, revolving loans, or lines of credit, additional segments of such facilities made after the initial advance. They are referred to collectively as Additional Advances.

  • Net advance amount means the gross advance amount less the aggregate amount of the actual and estimated transfer expenses required to be disclosed under section 3(e).

  • Non-Extension Advance means an Advance made pursuant to Section 2.02(b).

  • RFR Loan means a Loan that bears interest at a rate based on the Adjusted Daily Simple SOFR.

  • Equipment Advance is defined in Section 2.1.1.

  • Refunded Swing Line Loan has the meaning ascribed to it in Section 1.1(c)(iii).

  • Unapplied Downgrade Advance means any Downgrade Advance other than an Applied Downgrade Advance.