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Money and Finances
Reply to "TSP: financial hardship withdrawal"
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[quote=Anonymous][quote=Anonymous]You can borrow 50K from TSP for 5 years at something like 2% interest, which you are paying back into your own account anyway. If your cc interest is significantly heigher, it's worth it. The monthly nut on the loan would be about $900 and you can pre-pay and reamortize the loan payments at any time with no penalties or fees. Promise us you'll cut up the credit cards if you do this?[/quote] this.[/quote]
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