Unlike regular purchases, where you have a grace period to pay off your debt, you start accumulating interest on cash advances the day you take them. (nerdwallet.com)
When asked, 57 % of college students did not know subsidized student loans do not accumulate interest during deferment. (lendedu.com)
Getting rid of the balances with the highest rates will help you from accumulating interest at a faster pace. (valuepenguin.com)