If you ever borrowed from your 401K account, how long, on average, did it take for the loan to process?

If you ever borrowed from your 401K account, how long, on average, did it take for the loan to process?

Postby leigh » Thu Jan 20, 2011 5:06 am

Meaning, how long did it take you to receive the check? Do they do it right there at the bank? Do they have to mail it to you? How many days did it take total? Just curious what timeline to expect. I'm dealing with Wells Fargo, in case that helps.
leigh
 
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If you ever borrowed from your 401K account, how long, on average, did it take for the loan to process?

Postby taaveti » Thu Jan 20, 2011 5:11 am

Took me two weeks I was even able to do emergency loan from mine. I was even able to check when The check was sent out by calling
taaveti
 
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