[mac_truck]

I’m a loan originator, so you can imagine what my days are like.

I'm curious to know whether loans to yourself from your 401K ever show up on a person's credit report, and if they do how they affect their credit score. Also do you take these type of loans into account while figuring out the debt to income ratio of prospective borrowers?

[OrangeHoof]

I don't know the answer except to tell you that the payments back to the 401k are set up as payroll deductions so if you don't lose your job you have no choice but to pay it off promptly so I don't know if it factors into your credit history/score at all because the only way you could default is to lose your job or the company to go out of business.

Therefore, I'm not sure it is a good indicator of one's credit worthiness since paying it late or not paying at all has been pretty much removed from your hands.

[2ndDivisionVet]

I don’t believe they do, but double-check with your HR department or fund administrator.