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Penfed Auto Refinance Loan vs. 403(b) Loan?

Bogleheads • View forum - Personal Finance (Not Investing) - www.bogleheads.org
I have a fully paid off car and a 403(b) that I can borrow from.

I have student loans at 7% interest, so some of the helpful folks here have suggested taking a loan with a lower interest to pay some of those loans.

The 403(b) loans operate basically identically to a 401(k) loan, as far as I can gather.

I'd be looking to borrow about $20,000 from one of the two sources, but only want to do one of them instead of both.

Any suggestions on which would be the better source to borrow from?
Date: Jan 6, 2013   


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