<p>osdad - I agree, but like I said before that interest rate is the lowest you’ll ever get in your life. You can shove it all in a high yield savings account and still make money off of it and there’s no reason not to take the loan. </p>
<p>Same goes with advanced pay from the Navy - essentially a 1 year loan against your pay for one month’s salary at 0%. I take this every time I PCS because it’s an interest free loan and I stick it in my high yield savings account. Sometimes I actually need it, like when the economy craps itself and my wife cant find a stable job until 6 months into a tour.</p>