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Which of the Following Is Not True Regarding Cash Advances

Question 50

Multiple Choice

Which of the following is not true regarding cash advances on credit cards?


A) They are treated just like other charges on your credit card.
B) There is a charge for interest from the time you take the advance to the time you pay it off.
C) There is also a transaction fee on most cash advances.
D) The grace period does not apply to cash advances.

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