One of the Unpleasant Secrets of Using Your Credit Card

question 126

True/False

One of the unpleasant secrets of using your credit card for a cash advance is that the APR on the cash advance is typically lower than the APR for normal purchases.

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Definitions:

Audio Conference

A virtual meeting where participants use telecommunication technology to exchange information via audio.

Document

A piece of written, printed, or electronic matter that provides information or evidence or that serves as an official record.

Virtual Team

A group of individuals who work together from different geographic locations and rely on communication technology to collaborate.

Electronic Methods

Techniques or processes executed or facilitated through electronic devices or systems, often involving digital technology.