rds. The American Heritage College Dictionary defines Revolving Credit as, "Credit repeatedly available up to a specific amount as periodic repayments are made" (1169). For example: If I charge a good or service on my credit card for $100, and I have a credit card limit of $300, I will have $200 in credit remaining. However, if I were to pay back the $100, I would once again have a credit card limit of $300 without having to reapply for credit.
The concept of Revolving credit was a brilliant ide
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