Have anyone gotten an emergency cash advance from their visa ?
Tuesday, August 26th, 2008 at 7:26 pm
Looking For Cash Day Advance Loan Reports
i want to apply for a emergency cash advance on my visa, do i have to pay out the balance on it or the minimum payment and do they ask what kind of emergency it is and do i have to have proof of the emergency.
Filed in: How To Ask For A Cash Advance
August 27th, 2008 at 2:54 pm
If you have available credit line for a cash advance, you will get the cash. They don’t care what the cash is for. You may have a fee, usually about 3% which will go on your account and interest will be at the normally higher cash advance rate. There is not grace period. Interest will start accruing right away.
You can repay with just minimum payments, although it would be smarter to pay it off quickly. Credit cards are not long term financing. They should only be for short term convenience.