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Recent content by mtc1
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M
TSP Loan to pay off debt
I have about $8000 in CC debt at a rate of 16% and a car loan at about $9000 at 4.45%. I checked the current TSP loan rate and it's 1.5%. My TSP account is over 100K and I still have 20 years until I retire, So does it make sense to take a TSP loan out to pay off my current debts? Thanks!