Cash advance allows a person to withdrawal cash from their credit card account. Debit card allows you to withdraw money from a person's owns funds while credit card advancements are landed from the credit card company that comes with a transaction fee and higher annual percentage rates. 3 reasons why cash advance is costly is because they have transaction fees, the APR are much higher, and lastly there are no grace periods cash advance charges interest with the time of withdrawal. Four tips to avoiding cash advance are using a credit card to limit the interest charges and unnecessary transaction fees, put money to the side in case of emergencies, keep an eye out on credit card balances, and don't spend money you don't have. When it comes to cash advances it is better to barrow money from family or friends or even take out a personal loan. Personal loans can offer better terms and there is more cash access than cash advance. Barrowing money from family or friends all you need is a repayment plan to maintain a good relationship. how would you reply to this post?

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