A credit card cash advance is money you borrow from your credit card's credit limit. Credit card cash advances can also affect your credit utilization, a major factor that determines your credit score. Understanding Credit Card Cash AdvancesWhat Is a Credit Card Cash Advance? Pros and Cons of Credit Card Cash AdvancesAdvantages of Cash AdvancesCash advances offer immediate liquidity, which can be a lifesaver in emergencies. The interest rate for a credit card cash advance is entirely contingent on the credit card issuer, but it's generally higher than the interest rate for regular purchases.

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