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Pay off 401k loan early or keep payments?
Pay off 401k loan early or keep payments? So a couple years ago I took out a loan on my 401k to make a large purchase. Right now I currently owe $4,650 with a 8.75% interest rate that's paid back into my 401k account. I'm wondering would it make more sense to pay off this loan quickly or just keep making my regular payments on it because I'm just paying myself interest.
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