Episode 32: Pro's and Con's of 401k Loans
The 9Innings Podcast · Kevin Thompson, RICP®, CFP®
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Show Notes
Welcome to the 9Innings Podcast where we Educate, Empower and Engage.
ON THIS WEEKS PODCAST: Kevin describes the pro’s and con’s of 401k loans. In some aspects, a 401k loan may benefit a person in need of much needed funds. With lower borrowing cost and no credit checks, 401k loans can be a good opportunity to knock out high interest credit card debts. However, there are some con’s you need to consider before pulling the switch on taking that loan. Listen to this podcast on why it may or may not be in your best interest.
Website: http://www.9inningscapitalgroup.com