Submitted by [deleted] t3_z8pjl9 in personalfinance
gingeropolous t1_iye8t81 wrote
I think you can borrow against your 401k. U take out a loan against yourself. It's ridiculous. America.
Jerund t1_iyeb4r8 wrote
Well… yeah because that 401k balance essentially becomes a bank that you own. So any interest that you owe, is paid back to yourself. It’s pretty good
Kovald t1_iyemh85 wrote
... what?
gingeropolous t1_iyerr2r wrote
Contribute to 401k. Get employer match. Take out loan against 401k for house. Profit.
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