1
You will not must pay these charges with a 401(k) mortgage as long as you repay it and stick to the identical employer. That is because it will increase your credit score utilization ratio — how a lot debt you owe versus how much credit you've got access to. It also increases your debt-to-income (DTI) ratio, which tells lenders how a lot of your revenue goes towards bills each month.

Comments

Who Upvoted this Story

What is Plikli?

Plikli is an open source content management system that lets you easily create your own user-powered website.

Latest Comments
Statistics