Credit Card Guide
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Credit Card Glossary

Puzzled by credit card jargon? Browse the CreditCardGuide.com glossary for the definitions of common and confusing credit card terms.

Revolving line of credit

A set amount of money made available by a bank to individuals and businesses, who can use it to pay expenses or make purchases. Borrowers can use some or all of the line of credit, and as they pay off their balances, that amount of money becomes available to them again. A credit card is an example of a revolving line of credit.

 
     


 
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