I accumulated quite a bit of debt last year due to my gambling addiction. I’m a month clean, however I’m still dealing with the outcome of my mistakes.
Looking at my credit card statements, cash advances are charged a significantly higher interest rate than regular purchases and so are balance transfers on some of my cards.
My question is, if I’m making higher than the minimum amount will the money go straight to the principal of the cash advance or how does the bank determine what gets paid first?
Submitted February 03, 2020 at 07:55PM by b1320s https://ift.tt/2Upas86
