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They will then be able to withdraw a certain amount of cash, up to their cash advance limit. The fees and interest rates associated with these loans can be very high, and you may end up paying much more than you borrowed. So, for example, if your credit limit is $10,000, you should aim to use no more than $3,000 of that credit.
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These loans are often marketed as a convenient alternative to traditional loans, but they can be risky and come with high fees and interest rates. Use credit wisely: If you do have credit, use it responsibly. This can be especially beneficial for those who have irregular income or who are not sure how much money they will need in the loans future.