Whatever Happens, Don't make any Cash Advances From your Credit Card
If you have a credit card with a high credit limit and cash advance provision, you should read this post and be on guard for the pitfalls of withdrawing cash from your credit card. If you think your credit card is your ally in times of emergency you are totaaaaaaalllllllllllyyyyyyyyyy wrooooooongggg, dear. I also had the same idea before I realized my credit card was a fancy loan shark. Like a loan shark, I ended up paying 20% of the principal amount to my credit card company. Horrors of all horrors. Call me ignorant and a fool, but I was really taken hook, line, and sinker. Don't get me wrong. I am thankful for the times that I could use my credit card in times of emergency, but as a credit card owner and considering that I pay a membership fee of 1,600 per year, I thought that I have to maximize the use of my credit card, and loaning from it is a service that I can avail of, until I learned that it is a very unbeneficial privilege. If I don't exercise caution when