Cash advance can be helpful in an emergency, but understand that you could be charged finance charges that can equate to almost 50 percent interest.
This huge interest rate can make paying back these loans impossible.
Before taking out a cash advance, make sure you understand the repayment terms.
These loans carry high interest rates and stiff penalties, and the rates and penalties only increase if you are late making a payment.
Do not take out a loan before fully reviewing and understanding the terms in order to avoid these problems.