I received this letter today from my credit card company on how they have decided to lower my cash advance interest rate to 3.9%. Although, that still doesn\u00e2\u20ac\u2122t seem very good though. This is one of those things where I don\u00e2\u20ac\u2122t really pay much attention to as they can make the interest rate as high as they want considering I never use the service and pay my bills fully.<\/p>\n
I was just thinking though on how I was trying to imagine myself using these cash advance services and how it seems like such a financially disastrous move to borrow money this way. Not only do you have to pay interest on it, but from what I am reading in this brochure there isn\u00e2\u20ac\u2122t really a grace period and the interest is ongoing to the date of the transaction.<\/p>\n
That\u00e2\u20ac\u2122s like a quick path to debtville, so to speak. I\u00e2\u20ac\u2122d rather adopt the\u00e2\u20ac\u009d if you can\u00e2\u20ac\u2122t afford it, don\u00e2\u20ac\u2122t buy it\u00e2\u20ac\u009d mentality if you are short on money for something.<\/p>\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
I received this letter today from my credit card company on how they have decided to lower my cash advance interest rate to 3.9%. Although, that still doesn\u00e2\u20ac\u2122t seem very good though. This is one of those things where I don\u00e2\u20ac\u2122t really pay much attention to as they can make the interest rate as high […]<\/p>\n","protected":false},"author":1,"featured_media":12165,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_newsletter_tier_id":0,"footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[5],"tags":[838,840,35,5954,839],"class_list":["post-687","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financial-management","tag-cash-advance","tag-credit-card-fees","tag-finance","tag-financial-management","tag-interest-rates"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/www.al6400.com\/blog\/wp-content\/uploads\/2014\/02\/9.jpg","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p6VnHC-b5","_links":{"self":[{"href":"https:\/\/www.al6400.com\/blog\/wp-json\/wp\/v2\/posts\/687","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.al6400.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.al6400.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.al6400.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.al6400.com\/blog\/wp-json\/wp\/v2\/comments?post=687"}],"version-history":[{"count":0,"href":"https:\/\/www.al6400.com\/blog\/wp-json\/wp\/v2\/posts\/687\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.al6400.com\/blog\/wp-json\/wp\/v2\/media\/12165"}],"wp:attachment":[{"href":"https:\/\/www.al6400.com\/blog\/wp-json\/wp\/v2\/media?parent=687"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.al6400.com\/blog\/wp-json\/wp\/v2\/categories?post=687"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.al6400.com\/blog\/wp-json\/wp\/v2\/tags?post=687"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}