Friday, October 21, 2005

Can a cash advance loan get you into trouble?

The answer to that question lies in your hands. If you budget your spending, and see to it that there is enough cash in your bank account when the cash advance lender submits the check you've given him, then there is nothing to worry. Of course, you may have to tighten your purse strings a little. But then cash advance loans are there to tide over unforeseen cash needs. And these are short-term loans. So it is your responsibility to see to it that you repay your cash advance loan on time. Also try not to 'roll over' your cash advance loan. That will only add to your burden on the next payday.

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