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Lwang9276 - The simple way of stating what's being repeated ad nauseum here is go where the money is. We don't know the interest rates gained on the roth IRA, nor do we know what you're paying on the loan. So what you need to do is bust out the calculator. Sit down and figure out how much the loan is, what the interest is going to be annually and when it's compounded and what the interest on the IRA will be based on the payments you'll be making. If the value of the IRA exceeds the cumulative value of the loan, your cash should go there. If it doesn't, it should go into paying off the loan, since that will be taking more out of your pocket than you'll be gaining.
Without any more information, I'd be inclined to say that you ought to pay off the loan first. I don't know how it is there, but in Canada there are no RRSP's (our equivalent of roth IRA's), mutual funds or GIC's that will pay out interest greater than what you'd be losing on the loan without a very high investment.
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I wake up in the morning more tired than before I slept
I get through cryin' and I'm sadder than before I wept
I get through thinkin' now, and the thoughts have left my head
I get through speakin' and I can't remember, not a word that I said
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