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One of the credit main advantages of obtaining a loan from a bank is the potential for a competitive interest rate. This can make cash advances on credit cards a very expensive way to borrow money.
This is especially convenient for those who have busy schedules or live in rural areas where access to traditional lending institutions may be limited. Work with a credit counselor: If you're having trouble managing your credit, you might consider working with a credit counselor.
This may include proof of income, such as pay stubs or tax returns, as well as information about any outstanding debts or assets. There are several advantages of a credit card cash advance over a payday loan.