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More flexible repayment terms: Credit unions may be more willing to work with you to find a repayment schedule that fits your needs and budget. Overall, cash advances on credit cards can be a convenient way to access cash in a pinch, but they also come with high costs and potential risks.
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So, for example, if your credit limit is $10,000, you should aim to use no more than $3,000 of that credit. As the grand borrower makes payments on the loan, the credit limit becomes available again, allowing the borrower to borrow more money if needed.