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Credit Card Cash Advances Is NOT a Good Idea

Taking out cash against your credit card is possible, but not wise. While your lender may allow it to be simple for you to borrow, you should avoid this option as much as really possible. For detailed information read <br>http://www.newhorizon.org/credit-info/reasons-credit-card-cash-advances-not-good/<br><br><br>Looking for unsecured credit cards for bad credit? Apply here http://www.newhorizon.org/Info/unsecured.htm<br>

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Credit Card Cash Advances Is NOT a Good Idea

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  1. Credit Card Cash Advances Is NOT a Good Idea

  2. Taking out cash against your credit card is possible

  3. BUT NOT WISE.

  4. While your lender may allow it to be simple for you to borrow,

  5. you should avoid this option as much as really possible.

  6. Why?

  7. Because there’s a myriad of possible risk when you get yourself stuck in this trap.

  8. 1) Credit Card Cash Advance interest is very high or they call it “loan-shark rates”

  9. 2) Credit Card Cash Advances don’t have a grace period.

  10. 3) Fee for every cash advance transaction

  11. For more information read http://www.newhorizon.org/credit-info/reasons-credit-card-cash-advances-not-good/

  12. Looking for unsecured credit cards for bad credit? Apply here http://www.newhorizon.org/Info/unsecured.htm

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