How to Get Out of Credit Card Debt: Other Options (Debt Management 3/4)

In this video, you'll learn how to get out of credit card debt without a balance transfer card! We cover everything from personal loans, to 401k loans, to HELOCs, to how to contact the NFCC.

Debt repayment tool recommendations: https://www.moneycoach.io/recommendations/debtrepaymentplan

Next video: https://www.moneycoach.io/videos/debt-management/4

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From: MoneyCoach

Related topics : 401k loan credit card debt

Dumping Debt Fridays | Financial Q&A's | Should I contribute to my 401k?

Should I contribute to my 401k?

Leave your financial and personal questions below for future Dumping Debt Friday videos!!

Questions asked:

Jennifer Logan-Lorenz

I know retirement is farther down on Dave's steps, but you should consider contributing something -especially if your employer matches a small percentage. That is free money! Claim it. Also with compound interest it works more in your favor to contribute small amounts now rather than trying to make up for lost time with bigger...

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From: Freedom In A Budget

Related topics : student loan debt credit card / car credit loan

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401k Vs Debt

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The majority of Americans with 401(k)s are also accumulating debt. Three out of five Americans with a 401k also have balances on their credit cards, mortgages, and installment loans.

So not only is Wall Street making money off the 401k Fees, they are also making a killing lending money out to people who have less cash due to their 401k contributions and...

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From: Everything Investments

Related topics : 401k loan credit card debt

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Borrowing from your 401k - is this a good idea? 2015.09.03

Sometimes it is tempting to borrow from your 401K. So the question is “does it makes sense?”

Sometimes the answer is maybe. Maybe you want to pay off some high interest loans or credit card debt. There are several factors you have to consider. One reason the 401K option is so attractive is that there's no credit check. So it's very easy to get the funds and you're paying interest to yourself.

But what are the negative ramifications?

-uploaded in HD at http://www.TunesToTube.com

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From: Hengehold Capital Management LLC

Related topics : loan pay credit card debt

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