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Federal Thrift Savings Plan Chief Considers Changes to Plan's Loan Policies
GovExec.com 
Aug. 28, 2003
Excerpt: The issue of participant loans has been really the genesis for where most of these [recordkeeping system] problems came from.... In the private sector ... they only permit participants to have one loan outstanding at a time. The TSP is incredibly generous in that it allows participants to have two outstanding loans at a time. In addition, a participant has the ability to immediately refinance-- pay off one loan and immediately take out another without any kind of a wait ...
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