Quote:
Originally Posted by Frequitude
Do most of you do the TIPP program, or just pay lump sum? I just did lump sum last year because I assumed there was an interest rate associated with TIPP that I'd rather avoid if possible. Is this true?
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I think that if you go on the TIPP program there is no interest. IIRC you are actually paying 6 months ahead of the "due date", so the interest sort of balances itself out as 1/2 the year the city "owes" you money, and for the other half you owe them.