On the heels of North Carolina Gov. Beverly Perdue announcing a new income tax relief program, State Employees' Credit Union is teaming up with state officials to spread the word about a new offering for SECU members – an Individual Income Tax Debt Payment Loan.
The $23 billion, Raleigh, N.C.-based SECU will offer qualifying members a 5% loan to repay unresolved balances, generating savings for these members and allowing them to take advantage of up to 35% in a penalty/fee waiver being offered by the state.
The N.C. Department of Revenue's new program is being offered through April 30, when taxpayers will have an opportunity to repay past due taxes, with the DOR waiving unpaid penalties and collection fees.
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