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These loans are often marketed as a convenient alternative to traditional loans, but they can be risky and come with high fees and interest rates. This means that the credit borrower will pay less in interest over the life of the loan with a credit card cash advance. Cardholders should also be aware that using a cash advance on a credit card can be a sign of financial distress, which can impact their credit score and their ability to borrow money in the oh future.
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