It depends. Let's consider the following:

#1: A loan must always be repaid to the bank, under the terms and conditions set. Credit is based on a contract with rights and obligations on both sides;

#2: Credit always has a cost - interest, which adds extra value to everything you buy on credit. The later you pay back the money, the more value it adds to the initial purchases;

You know your situation best so you know the answer best. 😉