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There are several advantages to getting a loan from a bank. 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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Cardholders should carefully consider their options and only use cash advances on credit cards as a last resort. Finally, it is important for cardholders to be mindful of their cash advance limit, as going over this limit can result in additional fees and potentially damage their credit score. Doorstep loans often have very high fees and interest rates, which can make them hard to pay back.