Is it ok to use my retirement funds to repay high interest credit card debt?
Date: Mon, 06/24/2019 - 22:51
Is it ok to use my retirement funds to repay high interest credit card debt?
Is it ok to use my retirement funds ti repay high interest credit card debt? I can always pay back the amount before I come to my retirement age.
No. This is not a good idea
No. This is not a good idea to liquidate your retirement funds to pay off your high interest credit card debt. I would suggest you settle your credit card debt instead. If you don't have money for that, then you can do one thing. You can get a side hustle. That can help you to increase your income and pay off debts.
NO, this should be avoided.
NO, this should be avoided. You can settle your debts or sell some items to repay your debts. Don't spoil your retirement.