Don't do this if you are planning to buy a home in the near future or if you are in the process of buying a home.  DO NOT make any major credit purchases.  Even if your monthly payments are low, major credit purchases will might affect how much a financial institution is willing to loan you to buy a house.  In DC, Maryland and Virginia where real estate is pricey, some buyers will have to wait until they pay off the debt before they can qualify to get a mortgage/loan or put down a larger down payment.  If you bought a car, boat, or furniture paying off the debt might take years.