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And if you quit or lose your job, you typically have to repay the 401(k) loan shortly thereafter. Borrow against life insurance: If you have a life insurance policy that has cash value, sometimes called permanent life insurance, you can borrow against it and have the rest of your life to repay it.
If you dont repay, the insurance company subtracts the money from the policy payout when you die. But you cant borrow against a term life insurance policy, which is the icici personal loan top up online common type. Take out a loan. Use a credit card cash advance: If you have a credit card and the account is in good standing, a cash advance is a much less expensive option than a payday loan.
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