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On very first look, 401(k) loans noise too advisable that you be real: low interest rate, no credit check, no old-fashioned application. That’s because it is sometimes too good to be real. Regardless if you’re in a position to repay a 401(k) loan on routine, you stay to reduce thousands from your own your retirement savings — and much more in the event that you lose your work.
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401(k) loan snapshot
|What it really is||A loan extracted from your 401(k) your retirement account which you repay with interest over 5 years. (más…)|