Tag: Cardholders shun cash advance service

  • Cardholders shun cash advance service

    Cardholders shun cash advance service

    Credit card holders are reluctant to use the cash advance service due to the high interest rates and alternative loan services, central bank data revealed on Monday. In the January-August period this year, the number of cash advance transactions by noncorporate credit card users stood at 66.5 million, down 8.5 percent from last year. Cash […]