Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "TSP Loan to Pay Off Credit Card Debt"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous]I would do it if I were you OP. I had 40k in credit card debt and the TSP loan helped a lot. It’s hard to pay off the cards with $500 a month in interest. With the TSP loan you will pay it off in 5 years and your payment will possibly be less because a much lower rate. You can go through the process of setting up the loan on the site and get the payment amount without actually finishing it and accepting the loan (if that makes sense) just to see what the payment will be like. Unfortunately you can only do 50k so you’ll have to find the other 5k elsewhere. Also, look into this. https://www.irs.gov/businesses/small-businesses-self-employed/innocent-spouse-relief[/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics