Is it worth paying with a credit card?

[Anonymous]

One of the federal loans with Navient has a balance of $1111.91. It is clumped together with some other loans for a monthly payment of $296.46, of which $15.17 goes towards this with a scheduled end date of January 2024. Interest rate is 6.8%.

One credit card has an APR of 23.25%, another of 19.49%. There is a 0 balance on the first card and around $2000 on the second, which will both be paid off by the end of the year. We have a third card which has a $2000 balance with 0% APR.

Would it be worth paying off this one loan with a credit card? It feels like a drop in the ocean with how much some of the other loans are but at least one would be paid off and out of the way. I also feel that it would get paid off MUCH sooner than January 2024 if the balance was on a credit card. However we always have a balance on our cards and are currently trying to pay them down. 

[SCF]

No, it's not a good idea to put your loan on one of your credit cards.  The first two cards have much higher interest rates than your current loan, so you don't want to use either of them.  The card with the 0% rate already has a balance, and the 0% rate is almost certainly time limited.  If Navient will not let you make a payment with the card directly, you'll have to do a balance transfer, which generally comes with a 3%+ fee that would wipe out most of your gains over the interest rate on the loan, especially if the 0% lasts less than a year.

Moving the loan to your credit card doesn't make it "paid off and out of the way" it makes it part of your existing problem with credit card debt.  Why do you think it would be paid off sooner than your credit card?  You can make extra payments on the loan through the Navient website, or by sending payments directly from your bank's bill pay - the same ways you pay your credit card.  You MIGHT save a little interest, but all of that gain would be wiped out if you didn't pay it all off by the time your 0% rate expires.

Make a budget and a plan to pay off your debts.  Stick with it and track your progress.  The way to get out of debt is to pay it off, not shuffle it around.