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Cash Advance University Accounts  Form

Cash Advance University Accounts Form

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- Pros and cons of getting a cash advance. When you need some extra money, it's tempting to get a cash advance. But what is it, and when is it a good idea to get one? Here's how a cash advance works. Getting a cash advance is like withdrawing money from your bank, but it comes from your credit card instead. It works like a short-term loan from your card issuer. You can still withdraw the funds from an ATM, but a cash advance isn't money you already own. You need to pay it back just like any other charge on your credit card. Reasons to get a cash advance. A cash advance could be a good idea, if it's used as an alternative to a high interest payday loan. You could also have a situation where a merchant only accepts cash, or their credit card system is down. Another plus is that there's usually a cap on how much you can borrow, which makes it easier to stick to a budget and not go too far into debt. Downsides of a cash advance. On the other hand, ca

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