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Asked 12/6/2008
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Why can't i get a hardship loan due to my car needing repairs to run and i need that to go back and forth to work The wheel bearing went out in my rear wheel coming home from work the other night and my wheel fell off i have no other money but what is in my 401 i need my car to get back and forth to work it is 40 miles one whay but they say it does not quilifiy for the hard ship and i do not have enough to take a loan also they say i cant shut my plan down and get the money unless i lose my job |
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I am paying of an existing loan from my work can another loan be taken out
Im 23, i was recently laid off from a job of 3 yrs and i need to make repairs on my car and was wondering where i can go and how do i go about taking a loan and using my 401k as collateral, i have about 2100 in there and need about 1500 for repairs, what steps do i need to take to get the ball rolling?
What are the options without being penalized? we are wanting to take out $5,000 from a $90,000+ 401k balance as a hardship loan that we want to pay back. we do not want to just make a withdrawal. this is a medical emergency. any assistance you can offer would be greatly appreciated. thank you. cheryl
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I am paying of an existing loan from my work can another loan be taken out |
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Im 23, i was recently laid off from a job of 3 yrs and i need to make repairs on my car and... |
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We need a hardship loan from my 401k account for medical expenses What are the options without being penalized? we are wanting to take out $5,000 from a $90,000+... |
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