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However, it is important for borrowers to carefully consider the bad terms of their installment loan before agreeing to take it out. Cardholders should carefully consider their options and only use cash advances on credit cards as a last resort.
As the credit borrower makes payments on the loan, the credit limit becomes available again, allowing the borrower to borrow more money if needed. This can be especially beneficial for those who are trying to improve their credit or who have a limited credit history.