Friday, November 11, 2011

Cash advances on credit cards?

Credit cards only provide you with credit line to purchase good and services. Cash Advances is when you use your credit card to get cash from any ATM or any stores that provides cash advances. It is similar to a short term loan and that is the reason why you have to pay a really high interest rate. There are other services that will provide you with cash for lower interest rate (~17%) if you really need it (pay day loans).

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