Terms Beginning With 'c'

Cash Advance

  • January 17, 2020
  • Team Kalkine

Cash advance is a loan taken on a credit card by the credit card holder for borrowing money against balances on his/her card. It is considered as a useful option by the customers during many cash transactions. No interest is charged but there is a financing charge from the day the cash is borrowed up to the day when the amount is repaid in full.

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