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401(k) loan vs. debt settlement company: Which is better for credit card debt?

A 401(k) loan and debt settlement are two ways to tackle credit card debt, but they should rarely be your first choice.

401(k) loan vs. debt settlement company: Which is better for credit card debt?

Published July 23, 2026 · Category: Finance

Overview

A 401(k) loan and debt settlement are two ways to tackle credit card debt, but they should rarely be your first choice.

Source

Originally published at www.cnbc.com.

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