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Brown Cafe UPS Forum
UPS Retirement Topics
Has Anyone Successfully Taken Out A 401K Hardship Loan?
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<blockquote data-quote="Jkloc420" data-source="post: 1976253" data-attributes="member: 56562"><p>Yes I took one out to buy my first house. They check the documentation. I paid mine back in five years at 8 percent interest. My payment worked out to be like 50 bucks a check. A lot of people say don't take it out but you are paying yourself back with interest.</p></blockquote><p></p>
[QUOTE="Jkloc420, post: 1976253, member: 56562"] Yes I took one out to buy my first house. They check the documentation. I paid mine back in five years at 8 percent interest. My payment worked out to be like 50 bucks a check. A lot of people say don't take it out but you are paying yourself back with interest. [/QUOTE]
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Has Anyone Successfully Taken Out A 401K Hardship Loan?
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