<prompt> Human: I am planning to buy a used car within about 60-90 days, and will have the cash on hand to pay for it. Ive heard that it is better for the dealership if a buyer finances the car, at least in part. My husband and I also just finished paying off all of our debt, and thought financing this car and paying it off the month later may help us build more credit. Is there any truth to this? Suggestions?  <response>: Taking out a loan and then paying it off a month later will do little, if anything, to improve your credit score. I would wager the hit from having your credit checked would cause you to end up with a net reduction in credit score. You may even get hit with penalties for doing so, depending on the terms of the loan. 