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A cash advance on a credit card is a service that allows cardholders to withdraw cash from their credit card account. Cardholders should carefully consider their options and only use cash advances on credit cards as a last resort.
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To avoid these pitfalls, it is important for borrowers to carefully manage their credit line and only borrow what they can afford to pay back. Some traditional loans have strict rules about credit scores or needing collateral (like a car or house).