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