CBS News
US · 2 hrs ago
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401(k) loan vs. debt relief: Which is better for getting rid of credit card debt now?
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Accuracy 75/100
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An article comparing the financial trade-offs between taking a 401(k) loan versus using debt relief options to address credit card debt, warning that the chosen solution could become costlier than the original debt.
401(k) loan vs. debt relief: Which is better for getting rid of credit card debt now?
The math on credit card debt is brutal right now, but the fix you choose could cost you more than the debt itself.
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