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This can be especially useful in an emergency situation, such as a car breakdown or medical expense. The fees and interest rates associated with these loans can be very high, and you may end up paying much more than you borrowed. More flexible repayment terms: Credit unions may be more willing to work with you to find a repayment schedule that fits your needs and budget.
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A credit card cash advance is a service that allows credit cardholders to withdraw cash from their credit card account, while a payday loan is a short-term, high-interest loan that is typically used to cover unexpected expenses or emergencies. One of the beach main advantages of a revolving credit line is the flexibility it offers. For example, many online lenders do not require a minimum credit score or collateral.