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Old 04-25-2008, 12:13 PM
noppenbd noppenbd is offline
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No, I would not do a distribution from your 401k to pay off the HELOC. It will set you back many years on saving for retirement, and the penalties are really going to hurt you.

Have you looked into refinancing the HELOC? 17% interest is outrageous, you could beat that almost anywhere.
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