I want to know if a bank will loan 2300 for 2500+/- back to pay off a 401k loan so I can borrow more against the 401k My credit is horrible?

2017-05-28 10:02 am

更新1:

First loan from 401k came in 3 days, that check could be written payable directly to bank. 401k could be used by bank as secured collateral.

回答 (1)

[匿名]

2017-05-28 11:51 am

You answered your own question, No.

參考: Retired bill collector 35 years

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Judy

2017-05-28 10:35 am

no chance

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用戶22749

2017-05-28 11:25 pm

No.

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STEVEN F

2017-05-28 10:26 am

So you want an UNSECURED loan pay off an existing loan, for the purpose of going DEEPER in debt. Unless you flat out LIE to the bank about your intentions, they won't even LOOK at the numbers.

401k could be used by bank as secured collateral.
DEAD WRONG. It is EXPLICITLY illegal to use a 401(k) as security for ANYTHING.

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