I have high interest debts (11-23% interest) of approximately 44K. Is it wise to pay off these debts with my 401K funds? I have access to them since I left my company and I'm wondering if it's better to pay down the debt or keep them separate. Sometimes I wonder if I get a 8% return, perhaps it's better to reduce the 18% interest debts.
(I can't refinance my mortgage--long story).
What do you think?