This paper uses the logit regression model to study the relationship between financial literacy and cash advance. We find that financial literacy has a significantly negative impact on cash advance, which means that people with highly financial literacy are less likely to use cash advance. Moreover, we find women, married people, and people with high personal annual average incomes have a low probability to use cash advance. Finally, propaganda handouts of financial information from the Financial Supervisory Commission (FSC) can also reduce the use of cash advance.