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There are two main types of revolving credit lines: secured and unsecured. However, cash advances on credit cards also come with some significant drawbacks.

Credit card issuers typically have less stringent eligibility requirements than payday lenders, and the bad credit loans ophir kentucky ky bad credit bad credit loans ophir ky borrower's credit score is not typically a factor in their approval. The borrower is given a credit limit, which is the bad maximum amount of money that they are allowed to borrow.

Banks may also have more stringent eligibility requirements than other types of lenders, which could make it harder for some borrowers to qualify for a loan. Additionally, credit card cash advances are typically more flexible than payday loans.