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Nov 9, 2017 For example, you might have a credit card that charges a purchase interest rate of 11 or 12 percent and a cash advance APR that's 25 percent or higher. You might also pay a transaction fee, which could be a flat rate or a percentage of the transaction amount. Of course, some situations call for a cash 

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Jan 14, 2016 Although cash advances are not loans, they are advance payments on future sales, which make them exempt from taxes at the time of the advance. Business owners will pay taxes on their income, even the income that goes to back to the cash advance company to repay the advance. You do not pay on the