<prompt> Human: Somebody once told me to get all the money I can as a student because its the cheapest money you can get. I have about 4 loans of 4000 that I have received, the interest rate is very low somewhere between 3.5-5. The fourth loan I have just been offered is for 4500. Is there any good reason for me to accept this loan and use it to pay off old loans or interest? Or too keep it around for a day I may need it whether it be for personal or business use, because generally, student loans are cheaper than say, a business loan or payday type loans. Also, would it be advantageous to apply it to my auto loan that has a remaining balance of 5,800 2 3.15 APR? I dont need the money right now, Im skating by and still in school so I am not required to make payments yet on my loans. Can someone give me advice or good reason to accept or deny the loan offer?Assistant: The student loans you are taking out are at a higher interest than your autoloans, so it doesnt make sense to take out a loan at a higher interest rate to pay down a lower interest rate.Human: But since I am not required to repay student loans yet, would it be better for my creditFICO scores to have a car paid off? Then I would only have outstanding loans for school, versus having outstanding loans for school and auto; would that be a logical approach? And then save the 180mo that I would normally pay on my car and save that to be applied to my student loans when I complete school?Assistant: Its a terrible idea through and through. Dont make bad financial decisions to try and improve your credit score, just get a credit card and use it responsibly i.e., never pay a cent in interest on it. Human: If I have an outstanding credit card balance of 3500, should I put my student loan into that? My credit card interest is higher than my loan  <response>: god yes. 