Vanquis Credit Card Cash Advance


Hi,

I have just applied and been given a Vanquis Bad Credit Credit card and have said yes to the £100 cash advance. Now i see so many threads on here scare mongering about high interest ect but think logically even if it is %49.39apr that is an annual interest not monthly so say i have to repay £49 ontop of the £100 i borrowed divide that by 12 thats £4.08p a month..now correct me if im wrong but that isnt that bad to me £4 a month for a £100 loan lol no brainer



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