MoneyWatch with Jill Schlesinger

Cash or Loan for New Car?

I'm thinking about buying a car, and my dad has suggested that even if I can pay cash for the car, getting a loan would help build my credit score. Is he right?Have a money question? Email us <a href="https://www.jillonmoney.com/contact" rel="noopener noreferrer" target="_blank">here</a>Subscribe to <a href="https://www.jillonmoney.com/pricing-page" rel="noopener noreferrer" target="_blank">Jill on Money LIVE</a>YouTube: <a href="https://www.youtube.com/c/JillSchlesinger" rel="noopener noreferrer" target="_blank">@jillonmoney</a>Instagram: <a href="https://www.instagram.com/jillonmoney" rel="noopener noreferrer" target="_blank">@jillonmoney</a>Twitter: <a href="https://twitter.com/jillonmoney" rel="noopener noreferrer" target="_blank">@jillonmoney</a>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>.

Are you ready to take control of your financial life? Jill Schlesinger, CBS News business analyst and Certified Financial Planner, is here to help! On MoneyWatch, Jill will help you conquer the fear and anxiety of financial decisions, as she answers your questions about all things money. Have a question? From retirement, to career changes, to college funding and the right mix of investments to reach those goals, email Jill at <a href="mailto:askjill@jillonmoney.com" rel="noopener noreferrer" target="_blank">askjill@jillonmoney.com</a>. Tune in for new episodes every Tuesday and Thursday mornings.