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No. Loans from 401(k) accounts are not usually reported to credit reporting agencies, so it should not affect your credit history favorably, or negatively.

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โˆ™ 2006-02-08 19:11:17
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Q: Would taking a loan from your current 401K account to pay off your credit card affect your credit history?
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What steps are involved during Merchant Accounts credit card processing?

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How is your credit score affected if a credit card company closes your account because of inactivity?

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