The spree is said to have included cash advances at casinos, hotel rooms and car rental.
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But recently banks have had to tighten their lax eligibility rules and cut back on cash advances.
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If the iTunes tie-up generates significant cash advances or sales, it could delay breaches in the company's loan covenants.
And once reduced to pure numbers, those track records determine the fate of proven writers looking for cash advances to begin their next books.
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The firm accused the consultants of everything from lousy advice to using cash advances to finance visits to Dallas and New York stripper bars.
Merchant cash advances can be higher: They charge annual rates up to 70%, collecting a slice of credit-card receipts in return for a lump sum.
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Plus, there are often hefty fees for transferring balances or taking cash advances that cancel out any benefit you get for the 0% interest rate.
However, the fees declined sharply in 2009 due to a decline in card income resulting from lower cash advances and lower interchange fees caused by changes in consumption patterns in the recessionary environment.
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To make up for some of the lost revenue from this and prior regulatory changes, some card issuers have already employed new tactics: higher fees on balance transfers and cash advances, increased charges for overseas transactions and new or higher annual fees on cards.
Although it's nice to have the cash-advance option in an emergency, you could get hit with exorbitant transaction fees and surcharges -- and unlike regular purchases, cash advances command a steeper interest rate that begins accruing immediately, not after your next bill, Elmendorf said.
It does not include ATM withdrawals, cash advances against a credit card, a check issued in connection with a payment card, or any transaction in which a payment card is accepted as payment by a merchant or other payee who is related to the issuer of the card.
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Even with 50 years of technological advances and assuming adequate cash and political will, a Mars mission would be harder than the ones to the moon.
It says that almost all of its cash holdings are made up of these advances.
The business culture around these industries has been focused on advances, guarantees, current cash compensation and the next employment contract.
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