For example, using a 401(k) loan to pay off high-interest debt, like credit cards, could reduce the amount you pay in interest to lenders. What's more, 401(k) loans don't require a credit check, and they don't show up as debt on your credit report. Another potentially positive ...
I’ve mostly ignored the Gamestop noise as I didn’t see any actionable takeaways, but then I saw thisReddit postconflating gambling winnings with paying off student loan debt. This is the same as saying that you bet $10,000 on the Super Bowl, and then used the proceeds to pay off y...