<prompt> Human: My wife and I are in our early 30s - no kids, and we make fairly decent money now. Were able to provide for our needs, contribute to savings and even enjoy some luxuries. But heres our problem - due to being irresponsible in our younger years, weve accumulated about 45,000 in credit card debt...The accounts have been closed, and were doing the avalanche method now, throwing roughly 900 a month to the mountain of debt. Now heres where my question comes in.I have a 403b plan with my employer through which I can take out a loan. I would be able to take out the 45,000 through a 5 year loan, at a 4.5 APR - all of which will go back to ME rather than the credit card companies. This will eliminate all credit card debt, and factoring in the monthly repayment on the loans, will bring the avalanche up from 900 a month to 1,500 per month, which I can then start throwing to the 403b loan.So what do you think, should we go for it?Thanks for your advice!  <response>: If you lost your job the entire balance of the 403b loan would be due, otherwise it would be a distribution subject to tax and penalty. I dont think its a good idea. A better way to do it would be to cut down on luxuries you probably cant afford if youre 45k in credit card debt. 