Posts Tagged ‘Loans’

i want to know of some debit counselors that i can use to resolve my debts?

boo asked:


bills: check advance loans (3)
unsecure loan (1)
secured loan (1)

i would prefer to find a debt consolidator that is non-profit.

Can I use 401k Hardship Withdrawal if I have money in the bank?

checkster2005 asked:


I would like to buy a house, say for 100K. I want to put 20% down and I do have 20K in my checking account. But I would rather take 26K (20K minus tax and penalties) out of my 401K even if I can afford it.

JPMorgan and IRS say I can take out (Not borrow, you don’t have to pay it back) money out of my 401K under the Hardship Withdrawal for the downpayment only. Will I qualify since I could afford the 20K downpayment with my checking account? In other words, must I legally pay off my downpayment with my cash at hand before dipping into my 401k?

I can’t find any of these details online. I already know all the pitfalls of a Hardship Withdrawal versus loans etc.
Great answer Ryan M. You mention a 10% penalty off the bat…where does that come from? I called JPMorgan and they said there is no penalty under my plan. Just taxes :(

Has anyone heard of/dealt w/Hillside Financial Group in Orlando, Florida?

Michelle T asked:


I have fair credit they offer loans through private lenders. They offered me a secured loan for $5000 but the security is to send them the first 6 months of payments then they will deposit the funds into my account.

cash advances?

ohioian asked:


so i need 150 dollars by tomorrow and I went to the pawn shop but they were only gonna give me a 20 dollar loan. Is there any places online that give quick loans and dont do the telecheck verification thing?? I really need money and dont know how to get it!