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I just need a mortgage. Hi Colin, Do you think there is any possibility of me qualify for a home loan. I would like to purchase a 90,000 condocoop. I work par-time making 16,000yr. I have 25 thousand in savings. I have no debt or credit cards, but my credit score is below 600.
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What Is a Cash Advance. A cash advance allows you to use your credit card to get a short-term cash loan at a bank or ATM. Unlike a cash withdrawal from a bank account, a cash advance has to be paid back - just like anything else you put on your credit card. Think of it as using your credit card to buy cash rather than goods or services. Its cash advance open hours, but its quite expensive.
How (and why) do you get a cash advance. If you carry only credit cards for day-to-day spending, you could find yourself in a pinch when confronted with a cash-only situation, such as buying lunch from a street vendor, veggies at a farmers market or a sandwich at a mom-and-pop deli.