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Tax time is right around the corner.

This time of year can be stressful. While Spring is fastly approaching, the thought of taxes coming due can take a bit of the bloom out of the season. Procrastinating to file taxes is an unfortunate and rather common practice according to IRS Mind. But putting payment of taxes off can cause more stress. 

Meeting the deadline to file can save you money whether you owe taxes or not. If you find yourself owing and not being able to cover it from savings, consider a Personal Loan from MIT FCU.

Rates as low as 5.99% APR*

  • Borrow between $500 and $25,000

  • Various terms available - up to 60 months

  • No processing fees, service fees or prepayment penalty

If your tax bill is bringing you down, apply for a Personal Loan today. The approval process is quick and easy!

Apply Now


Helpful Resources

Loan Comparison Calculator
Use our loan comparison calculator to sort through the montly payments, fees and other costs associated with getting a new loan.

Money Talk Blog
Check out one of our latest blog articles for an interesting look at Taxes & Groundhog Day and how they relate to one another.


*APR = Annual Percentage Rate. 5.99% APR is for a 12-month repayment and includes Smart Money Rewards Program discount; standard rate is 6.24% APR. Payment example for a loan with 5.99% APR Smart Money Rewards rate is 12 monthly payments of $86.17 per $1,000 borrowed. Rates are valid as of 3/1/2021 and are subject to change without notice. Loan periods of up to 60 months are available; different payments terms have different interest rates; please see our current loan rates for details on other terms. Maximum of $25,000 combined in all personal unsecured loans. This offer is valid for new loans and refinanced loans not held at MIT FCU. Existing MIT FCU loans are not eligible for refinance at this special rate. This is not a commitment to lend. Terms and Conditions apply.

The Smart Money Rewards rate on loans reflects a 0.25% discount on published loan rates and requires Smart Money Rewards membership with the automatic payment method of repayment. If you discontinue Smart Money Rewards during the term of the loan, your discounted rate will no longer be valid, and it will revert to the prevailing rate at the time of the loan open date. To qualify for Smart Money Rewards, we must receive your net pay, pension, or Social Security via direct deposit in excess of $100. If at any time your Checking Account is closed or becomes inactive (zero transaction[s] within the past 90 days or direct deposit is cancelled), the rate will be increased by 0.25%. Direct deposit must be set up within 90 days of loan closing date. One or more direct deposits must post and clear to the checking account within each monthly statement cycle.

Source: IRS Mind (

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