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What is a credit card cash advance?

2019-09-07T10:38:20-05:00September 7th, 2019|Credit Card Tips - Credit Card Basics, Credit Card Tips - Using Credit Cards, Credit Cards 101, David's Lessons|

A credit card cash advance is a withdrawal of cash from your credit card account. Essentially, you’re borrowing against your credit card to put cash in your pocket. However, there are costs to taking a credit card cash advance and, in some cases, limits on the amount you can withdraw. Here’s what you need to know.

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Should You Close an Unused Credit Card? The Answer Might Surprise You

2018-12-14T10:30:43-05:00December 14th, 2018|Credit Card Tips - Credit Card Basics, Credit Card Tips - Using Credit Cards|

If you have an old credit card sitting in the back of your wallet that you haven't swiped in years, you might be tempted to close your account. Conventional wisdom would disagree, however. Unless the card comes with an annual fee, most credit score gurus will say leave it open. Often, they're right.

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