Understanding Credit Card Cash Advances

Thursday, April 28th, 2011

Most cardholders have probably been warned about the disadvantages of making cash advances with their credit card. Yet, most don’t quite realise why cash advances should be avoided, and when they are desperate for cash themselves they may resort to this costly option. (more…)

Cash Advances on Credit Cards

Thursday, January 20th, 2011

The cash advance option is available with nearly every credit card on the market today. But many consumers misunderstand the nature of cash advances, how they work, and the potential consequences of initiating them. This can lead credit card holders to inadvertently sabotage their accounts by mishandling even a single cash advance. Below is a brief summary of cash advances on credit cards. (more…)