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Payday loans are short-term loans that are typically due on your next payday. Overall, while both credit card cash advances and payday loans can provide access to cash in a pinch, credit card cash advances offer several advantages over payday loans, including lower cost, easier qualification, and greater flexibility.
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This limit is typically a portion of the credit cardholder's overall credit limit and is set by the credit card issuer. Doorstep loans often have very high fees and interest rates, which can make them hard to pay back.