Cash or Loan for New Car?

<p>I'm thinking about buying a&nbsp;car, and my&nbsp;dad&nbsp;has suggested that even if I can pay cash for the&nbsp;car, getting a loan would help build my&nbsp;credit&nbsp;score. Is he right?</p><p>Have a money question? Email us&nbsp;<a href="https://www.jillonmoney.com/contact" rel="noopener noreferrer" target="_blank">here</a></p><p>Subscribe to&nbsp;<a href="https://www.jillonmoney.com/pricing-page" rel="noopener noreferrer" target="_blank">Jill on Money LIVE</a></p><p>YouTube:&nbsp;<a href="https://www.youtube.com/c/JillSchlesinger" rel="noopener noreferrer" target="_blank">@jillonmoney</a></p><p>Instagram:&nbsp;<a href="https://www.instagram.com/jillonmoney" rel="noopener noreferrer" target="_blank">@jillonmoney</a></p><p>Twitter:&nbsp;<a href="https://twitter.com/jillonmoney" rel="noopener noreferrer" target="_blank">@jillonmoney</a></p><p>See Privacy Policy at <a href="https://art19.com/privacy" rel="noopener noreferrer" target="_blank">https://art19.com/privacy</a> and California Privacy Notice at <a href="https://art19.com/privacy#do-not-sell-my-info" rel="noopener noreferrer" target="_blank">https://art19.com/privacy#do-not-sell-my-info</a>.</p>