A Reddit user is considering taking money out of his 401(k) to pay off his credit cards. His cards are at 24% interest, which ...

Some 13% of 401(k) participants have an outstanding loan against their retirement savings, according to a recent study, with an average $10,708 loan amount. Using a 401(k) loan can be useful, but ...

The interest rate you pay on a 401(k) loan can change over time. According to Debt.org, the interest rate you would pay on a 401(k) loan is usually a point or two above the lending rate used by banks.

If you take out a 401 (k) loan, you’ll temporarily have fewer funds invested. In the case of withdrawals, the money will be ...

A 401k loan doesn’t require a credit check, and the interest rate is the same regardless of your credit score. Keep reading ...

which is usually based on the current prime rate. The bad news is that you will pay interest on your 401(k) loan with after-tax dollars. When you take money out as a retiree, you are still taxed ...

Today's Loan Rates Best Personal Loans with Low Interest Rates Borrowers with excellent credit typically get the best low-interest personal loans, while borrowers with bad credit are offered the ...

A 401(k) loan allows you to borrow funds directly from your retirement savings, which you then repay with interest back to your own account. While this can seem appealing since you’re essentially ...