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re: Borrowing from a 401k vs Home Equity Loan
Posted on 9/14/17 at 12:28 pm to LSU1018
Posted on 9/14/17 at 12:28 pm to LSU1018
One would assume you had the HELOC in place already based on what you've said. If so, certainly HELOC.
I would never tell someone to take a loan against the 401k unless there were no other choice for all the reasons mentioned.
If it's only 10k, why don't you just pay in cash?
I would never tell someone to take a loan against the 401k unless there were no other choice for all the reasons mentioned.
If it's only 10k, why don't you just pay in cash?
1
Posted on 9/14/17 at 12:37 pm to UpstairsComputer
Google "reasons not to borrow from your 401K". Go with the HELOC.
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