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@urghay If you owe 6k and anticipate that you could pay it off within 6 months without touching your current emergency fund, I'd pay it off over the course of those 6 months. Yes it will cost more than paying it off, because the interest rate on the loan exceeds the bank interest rate... But you...

@urghay It really depends on a lot of factors. How big is the loan? How long do you anticipate your emergency fund will last as it currently is? How stable is your career? Do you have a dual income household? If so, are the incomes relatively equal to one another?