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ladybugteacher

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Pay off 0% Interest credit card for dental bill?
Have 6K balance on 0% credit card used strictly for a dental bill. I will pay 400 mo with 0% interest for 18 months. Credit score has been lowered by the balance due. Should I just pay it off from my cash emergency fund?

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You may want to keep some emergency funds in reserve (you never know), but I'd pay that thing down a lot faster than 18 months... note that $400 x 18 = $7200, so it doesn't seem exactly like you're paying 0% interest. 

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That is entirely up to you and what your mental wellbeing requires. Since the damage to your credit from "high utilization" of your credit is not permanent, as long as you don't need to apply for credit anytime soon, it really won't hurt you. If you see a need for credit coming up (a month or two ahead) you could pay the card down then, but remember it can take a month or longer for your balances to be updated, so an emergency need for credit may be an issue. But then again, if you have the money put back, you have it for emergency use and cash is still king as not everywhere will take a credit card.

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