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another borrowing against 401k article
Old 07-22-2008, 09:55 AM   #1
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another borrowing against 401k article

From msnbc, 'Long-distance commuters’ road to nowhere' article:

The couple decided to put more money into improving the house, in the hopes that it would stand out among comparable homes in the area. In the end, they plowed some $15,000 and countless hours of sweat equity into the improvements, using credit cards and a loan against a 401(k) account to fund some upgrades.

Unbelievable.

Full article at: For commuters, economic woes pile up - Mortgage Mess - MSNBC.com
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Old 07-22-2008, 09:58 AM   #2
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