IMO, it seems like a waste of money, even if it&#x27;s not very much. I&#x27;m <i>far</i> from a financial expert, but I don&#x27;t see a benefit to getting a loan, if you don&#x27;t need it, other than credit-building. Then we&#x27;re back to the &quot;honor society&quot; problem: <a href="https:&#x2F;&#x2F;xkcd.com&#x2F;703&#x2F;" rel="nofollow">https:&#x2F;&#x2F;xkcd.com&#x2F;703&#x2F;</a><p>Can someone enlighten me to the benefits? as I&#x27;m sure there are people more knowledgeable than I. My personal preference: I&#x27;d much rather be broke, with no debt, than have a ton of cash and debt.