- I have tried using paypal by opening two accounts and basically buying from myself, but after a grand, paypal decided to close my account as they thought it to be some sort of identity theft lol. Nevertheless it is an unusually long process.
- I have tried buying prepaid debit cards at local stores and then withdraws at the local atm, but then even they have deposit/withdraw limits. Also most stores wont let you buy prepaid debit cards with a credit card, and the ones that do, dont always.
Having each person go to their own bank, and getting a cash advance also seems ridiculous due to the APR being 30 percent. I mean it is still 3k lost to the bank, but that is only if the debt is repaid in 30 days time.
Taking full cash advantages to 0% APR cards, or their current purchase APR which I believe is 4 percent is what the goal is.
I still would prefer an alternative to paypal where it is a one time fee at your purchase APR instead or cheaper, but let me know your thoughts/advice. If I have to bite the bullet with the advance APRs I will, but it is still financially smart to weigh out other possible opportunities for getting cash from a credit card?