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Should we take money our of our 401k to pay credit cards?

Posted by admin in Credit Cards on January 27th, 2010

pay credit cards
gratefulchef2000 asked:


We have $20k in credit card debt. Should we take a loan from our 401k to pay them off. My wife and I are in our early 30s and have time to smooth things over…hopefully.

credit card debt, Credit Cards, Debt Loan

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