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The Hidden Costs of Card Loans and How to Navigate Them

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Cashing out credit card balances can negatively impact your credit score if not managed properly. Credit utilization is one of the key factors that affect your credit score, and withdrawing large amounts can increase your utilization rate. A higher utilization rate indicates that you’re relying heavily on credit, which https://wakelet.com/wake/DcPql19rkNMOAteHVHn2G

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