Question

Which of the following is not a disadvantage to cash advances on a credit card?
a.
Cash advances are similar to loans in that they need to be paid back with interest.
b.
Cash advances require a lot of paperwork and are generally difficult to get.
c.
Cash advances are often the last thing to be paid when paying off your credit card.
d.
Cash advances often come with an interest rate much higher than your credit card.

Answer 1

b.

Cash advances are usually easy to get (ATM or convenience checks) and don't require a lot of paperwork. The other options describe real disadvantages (interest, priority of payoff, and often higher rates).