REI lines of credit using credit card cash advances

[Michelle T.]

Question...companies claiming to get you up to 100k in credit card lines with 0% cash advance fees, no annual fees and the big question...0% interest for 12-24 months using a cash advance (not typical cc purchases). These companies charge a commission fee (usually 10%) of the total lines they were able to get you lined up for which could be anywhere from 2-10 cards. 

Of course I understand the risks and get the game but I've never heard of 0% interest on a cash advance or even deferred which is what is being claimed once the advance is taken out. Does anyone know how this is being done, the loophole and any catch. 

Of course this is all to avoid using your own money in a deal for big ticket items like. closing costs and to buy you time to pay off until you get that check for the project. And things you can't use a cc for.

Thank you for all insight in understanding a bit more. Any guidance would be appreciated...

[Andrew Postell]

@Michelle T. trust your gut on these things.  If it sounds too good to be true....well, maybe it is.  If this was a strategy as you are describing it....then everyone would use it.  If everyone doesn't use it that might be an indicator of what to do.