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They offer a predictable payment schedule and often have lower interest rates than other types of loans. If possible, it may be a better choice to seek alternative sources of funding, such as a personal loan or a cash advance from a bank.
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One of the loans main features of a revolving credit line is that the borrower only pays interest on the amount of money that they actually borrow. Another advantage of a credit card cash advance is that it is typically easier to qualify for than a payday loan.
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