Financial Cents: Posts About Cash Advance
One of the many annoying things about cash advances is that they can't help your score, but they can definitely hurt it.
Posted on: February 20, 2019
Cash advance loans are supposed to be an easy way to cover emergency expenses, but they could end up trapping you in a long-term cycle of debt.
Posted on: February 19, 2019
There are better ways to cover a financial shortfall than by taking a cash advance, but some cash advances are even riskier than that.
Posted on: February 15, 2019
Sure, you could get your tax refund money a few weeks early, but even a Refund Anticipation Loan (RAL) with zero interest still usually comes at a cost.
Posted on: February 13, 2019
Taking out a cash advance on your credit card or from a local storefront might seem like a good short-term money fix, but the costs are going to add up fast.
Posted on: February 12, 2019
If you pay off your credit card regularly, you can avoid paying any interest on your balances. Unless that is, you take out a credit card cash advance ...
Posted on: January 31, 2019
The only downside to Payday Alternative Loans (PALs) is that you have to join a credit union now in order to apply for one when you really need it.
Posted on: December 13, 2018
The name "cash advance" can be used to describe two very different kinds of financial products, one of which is way more expensive and should totally be avoided.
Posted on: December 07, 2018
Sure, being able to pay back a loan in only two weeks sounds great. But if the payment for that loan is too big for you to handle, you could enter a dangerous cycle of debt.
Posted on: November 20, 2018
Being deep in debt can feel like you're sinking in quicksand. But hope is not lost! Here are some tips to help you plan your debt trap escape.
Posted on: November 08, 2018