WHAT TO CHOOSE: Pay Off Credit Card Debt
vs Financing 401k
Both choices
ARE GOOD
if cash isn't an issue everyone will need to pay for one as much as another
Do you have to choose between paying off your credit card debt
or funding your retirement?
Before you decide, learn which works best for you first!
401k fund = 50% return of your investment tax free
versus the typical 15% interest rate
on credit card accounts
Your credit card debt on the other hand,
increases by 15% monthly
THEREFORE it is necessary that you should pay your credit card debt first
to avoid additional increase on your balance
FOR A DETAILED TIPS READ http://www.newhorizon.org/credit-info/choosing-between-paying-off-credit-card-debt-and-funding-your-401k/
LOOKING FOR PERSONAL LOANS FOR BAD CREDIT? http://www.newhorizon.org/Info/personaloans.htm