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What’s the Problem With a Credit Card Cash Advance?

July 25, 2021

As a credit card holder, you probably have the ability to take a cash advance. As the name suggests, this is money that you take from the credit limit of your credit card. This all sounds good, right? Well, before you proceed with a cash advance at a local ATM, it’s critical that you understand the potential drawbacks of doing so. Before we talk about the disadvantages, let’s review some of the benefits of a credit card cash advance: No
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