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Revolving credit is a phrase for charge cards, personal lines of credit

Revolving credit is a phrase for charge cards, personal lines of credit

Wondering “what is really a revolving personal credit line?” Revolving credit is a phrase for charge cards, personal lines of credit, house equity personal lines of credit along with other loans where you could borrow funds with the addition of towards the stability and having to pay it well over and over again over the life of the mortgage. Type of like a door that is revolving it encircles and around.