However, while there are some advantages to dipping into your retirement savings to pay off debt, there are some downsides. Before you decide to put your future at risk, it’s vital to know what you’re ...

In certain instances, you can take out a loan from your 401(k) and repay it over five years. Evaluate your options and try to find other ways to pay off debt, which would allow your funds to grow ...

Consider other options to pay off debt that don’t include tapping 401(k) funds. Alternatives to a 401(k) loan could include a balance transfer credit card. This type of card allows you to carry ...

If you understand the risks, a personal loan can be a viable way to pay off credit card debt. Pros of Using a Personal Loan To Pay Off Credit Card Debt The best credit card debt consolidation ...

In a perfect world, no one would need to take out a loan to consolidate and pay off debt. In the real world, however, sometimes borrowing money is the only way to dig your way out. This is mostly ...

If you have debts that you pay off each month and don't exceed your yearly earnings, then you probably have managed debt. But bear in mind if you ever start spending more than you earn and using ...