Should i get a loan out ot build up my credit??

  • Thread starter Thread starter kymak
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kymak

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I just graduated from college and living with my parents. I am about to buy a car for 20,000. My parents said they will let me borrow 20,000. Is it a better idea to borrow 20,000 at 6.15% to build up my credit so i can buy a house in 5 years?? Or should i keep on spending money on my credit card and paying it off on time and taking my parents offer. would my credit be any better if i spent money on my credit card, paid it off on time, and paid the 20,000 loan off on time??thanks for the reply
 
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