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Should You Tap Your Roth IRA or Rack Up a Credit Card Balance When You Need Money?

Should You Tap Your Roth IRA or Rack Up a Credit Card Balance When You Need Money?

One is to charge the repair on a credit card and pay off the balance over time. Also, too high a credit card balance could cause damage to your credit score. If you have funds in a Roth IRA, that account could serve as a source of emergency cash.