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This may include proof of income, such as pay stubs or tax returns, as well as information about any outstanding debts or assets. These platforms may be more willing to lend to unbanked individuals who may not qualify for a traditional loan.
Credit card cash advances typically have a higher interest rate than regular credit card purchases, but they are still typically lower than the loans interest rates on payday loans. A revolving credit line, also known as a line of credit or a credit limit, is a type of loan that allows the online borrower to access a predetermined amount of money as needed.