Ideally, no one would ever need to borrow from their retirement account, but here's when it may or may not make sense.

While a 401(k) loan might seem like a good way to borrow money, there’s a risk. If you don’t repay that loan on time, it gets treated like a full-fledged 401(k) plan withdrawal.

The interest rates start at 10.5% per annum, and the entire application process is 100% digital. Visit the official SBI website or download the YONO app. Navigate to the personal loan section and ...

Those who don’t have access to a HELOC or Bridge Loan can consider a 401k loan. Typical 401k plan terms allow the account holder to borrow funds against their balance if they are still an ...

Rates with a 401(k) loan are typically lower than credit cards and some personal loans. And unlike these options, you’re not paying a lender interest. Simple application process. Because you don ...

If your retirement plan allows it, you can withdraw from your 401(k) before the age of 59 ½. But in most cases, you’ll be hit with some hefty financial consequences.

Uniformed service members and federal employees can borrow against their retirement plans ... the month before you requested the loan. If you complete your application for a TSP loan online ...

There are a few reasons a financial institution can reject your auto loan application, including a low credit score, a high debt-to-income ratio or not enough verifiable income. What is a good car ...

The commission does not influence the selection in order of offers. *You must complete a loan application and continue to meet any criteria used to select you for a loan offer. Not all applicants ...

Caroline Basile is Forbes Advisor’s student loans and mortgages deputy editor. With experience in both the mortgage industry and as a journalist, she was previously an editor with HousingWire ...