Is this even legal?

Discussion in 'Credit Talk' started by author_22, Jul 16, 2004.

  1. author_22

    author_22 Well-Known Member

    Anyone know if this technique is legal?

    Deposit $300 into a secured card account. Get cash advance, deposit $250 into secured card account to raise limit, repeat.
     
  2. jam237

    jam237 Well-Known Member

    It may be technically 'legal' but the Cash Advance fees will be giving the CC company a mint...
     

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