How smart or how stupid is it to borrow from my 401 to pay off debts..it will be about $10,000.00... For the record, I have my max going into IT each week as it is. but we are expecting our first child and we have learned our lesson with our stupid spending. Our credit has suffered for past mistakes, and we now need to clear it all up and get into shape. Opinions...input..have you done this before? how does it work? what are your experiences? was it a good choice, would you do it again if you had to? Thanks in advance.
2006-10-02
04:33:56
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5 answers
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asked by
MZ02
3
in
Personal Finance