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The interest you pay on a 401k loan, isnt really a cost, because it goes right back into your account. But most 401k loans also have an origination fee of around 75. If youre only borrowing 1,000, that means you lose 7. 5 of your loan right off the top. In addition, some 401k loans have administration and maintenance fees that last until you pay them back. Again, these fees are much lower than the interest on a payday loan, but they arent negligible either.

Double Taxation.

Quick cash el paso texas george dieter

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Quick cash el paso texas george dieter

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Quick cash el paso texas george dieter