A cash advance on a credit card is one of the worst types of borrowing because the interest rate is typically 21 percent or more. Download Download Share on Facebook Share on Twitter Rotate quotes advance bad borrow
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Leverage is great when it works, and when it doesn't work, it creates a lot of issues. So I think if you limit the amount of leverage that people can borrow, or that banks can borrow, I think you'll find that you'll have a lot less issues going forward. Marc Lasry amountbankborrow share on social