If you take a loan from your 401k does it show up on your credit report ?

0 ⤊

If you take a loan from your 401k does it show up on your credit report ?

2006-07-14 03:03:22 · 4 answers · asked by gabazoo2 2 in Business & Finance ➔ Credit

4 answers

no because its not a public loan its Private because your borrowing against yourself.

2006-07-14 03:06:20 · answer #1 · answered by Jeff L 4 · 0⤊ 0⤋

No, but it will show up on your paycheck stub which means if you apply for a loan, the amount you are paying back to it will be subtracted from your monthly income. Since a 401K is your retirement, don't touch it.

2006-07-14 07:50:26 · answer #2 · answered by KL 5 · 0⤊ 0⤋

Nope

2006-07-14 03:07:00 · answer #3 · answered by MOVING 5 · 0⤊ 0⤋

2006-07-14 03:05:27 · answer #4 · answered by ? 6 · 0⤊ 0⤋