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Subject:  Re: Poll: 401K Roll it? Take it? Date:  4/4/2007  9:22 AM
Author:  joelxwil Number:  56585 of 88431

It is so expense to borrow money on credit cards that it may make sense in some usual situations to take money out of a 401K/IRA to pay it off.

Not sure I agree. In any case, every year I get offered no-interest credit cards with the no-interest part lasting for at least a year. I guess my credit must be fine. Don't know what gets into these people. I just cancel at the end of the year and transfer the balance, if any, to another no-interest credit card. Eventually, I suppose that will stop working.
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