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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="YouOver" data-source="post: 1976777" data-attributes="member: 61380"><p>True... I have 2 out right now... You get the option of how to pay it back.... I have one for 3 years the other for 4....You might not want to borrow your own money and pay yourself back with interest, but I do...and others here might too. For those of us with six figures just sitting there and want to use their own hard earned, unmatched money and pay it back with interest, this is good information to have. I used to think what you do so I'm just giving some facts.... Not for you obviously.</p><p> I'm trying to tell someone that might want to, obviously not you, borrow their own money- they DO NOT check documentation. Trust me on this. Don't know how you know if you've never done it, but whatever. Just some info for those that are interested-</p></blockquote><p></p>
[QUOTE="YouOver, post: 1976777, member: 61380"] True... I have 2 out right now... You get the option of how to pay it back.... I have one for 3 years the other for 4....You might not want to borrow your own money and pay yourself back with interest, but I do...and others here might too. For those of us with six figures just sitting there and want to use their own hard earned, unmatched money and pay it back with interest, this is good information to have. I used to think what you do so I'm just giving some facts.... Not for you obviously. I'm trying to tell someone that might want to, obviously not you, borrow their own money- they DO NOT check documentation. Trust me on this. Don't know how you know if you've never done it, but whatever. Just some info for those that are interested- [/QUOTE]
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Has Anyone Successfully Taken Out A 401K Hardship Loan?
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