Does it make sense to borrow from my IRA or 401 K to pay off the credit cards? No - that's a retirement account. Don't touch those until retirement unless you've exhausted all other options and are about to be homeless.CC debt ususally means either there was an emergency before you could save enough of an e-fund (such as medical debt) or there's a spending problem. If there's a spending problem, that needs to be addressed while paying off the cc debt, otherwise who ever ran up the debt is likely to do so again. If there was an emergency, than thank goodness it's fairly easy to get credit in this day and age and look at options for paying it down faster (such as seeing if rates can be negotiated, or if more work hours can be gained).
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