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I do recommend the CC board - they are an accepting support group that will help you not face reality alone.

At the same time, I want to caution you against using your 401K.

First, as was mentioned, you are taking money out of your retirement investments, so you have to figure out if the lost of investment gains plus the interest you would pay is more or less than the finance charges on your CC debt. Given the current market recovery, this would probably be a bad time to not have money in your 401k.

Second, while you can reduce your contribution to that which is matched by the company, do not drop below that. If you do, you are turning away free money, which is foolish, not Foolish.

Hopefully, between the CC and LBYM boards you can find new ways to reduce debt. Best of luck to you.

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