I am purchasing a car worth $27k and was told by a friend that if I take out a small loan ($5k) and just pay it off over a couple years then it could help out my credit score. Is the extra hundred bucks I'll spend in interest worth it or is this crappy advice?
Submitted November 07, 2019 at 10:53PM by Beznet https://ift.tt/2Cl6H9s