u/Admirable-Wedding769

So I had two BHG loans. One for 50k that was at 23% APR and one for 100k at 16.99%. Well we cashed out some 401k money (no judgement, we needed to) and paid off the 50k one. The payment on my only BHG 100k loan at 16.99% is 2346 per month. This is a big payment and I’d like to knock it down! We have the option to do an interest free loan on my husband’s 401k and pull out 50K. I’d like to do this and take the 50k and apply it to the 100k BHG loan we have and request to refinance the loan to hopefully a lower rate than 16.99%. Is this an option? We have credit scores around 700 and have never missed a payment. What would my other best option be? Pay off 50k and try and get another company to loan me 50k at a lower interest rate so I can pay off BHG? Regardless, I’d really love to cut this monthly payment in half if possible! Suggestions would be so amazing and appreciated.