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Subject:  Re: Poll: 401K Roll it? Take it? Date:  4/3/2007  10:17 PM
Author:  rkevans69 Number:  56574 of 88051

After reading the other thread from the OP and considering the new info:

Roll it over.

Half of the CC debt ($6500) is at a 0% intro rate after a balance transfer. I'm assuming the rest is at 18% or less... Making the average interest rate 9% or less.

He's taken responsiblity for being in debt and is willing to make some sacrifices to pay it off.

At this point, there's almost no way to recover from the loss of capital he'd suffer from cashing out.

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