Revolving Credit

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Dictionary Says

Definition of 'Revolving Credit'

A line of credit where the customer pays a commitment fee and is then allowed to use the funds when they are needed. It is usually used for operating purposes, fluctuating each month depending on the customer's current cash flow needs.

Often referred to as "revolver".
Investopedia Says

Investopedia explains 'Revolving Credit'

Revolving lines of credit can be taken out by both corporations and individuals. The bank that is in agreement with the customer guarantees a maximum amount that can be loaned to the customer. Along with the commitment fee there are also interest expenses for corporate borrowers and carry forward charges for consumer accounts.

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'Revolving Credit'

  • Economic Indicators: Consumer Credit Report | Investopedia

    http://www.investopedia.com/university/releases/consumercreditreport.asp
    ... The two classes of credit covered are revolving and non-revolving credit; revolving
    credit can be increased by the consumer up to a limit without contacting ...

  • Investing In Credit Card Companies

    http://www.investopedia.com/articles/stocks/09/credit-card-company-invest.asp
    ... Similarly, investors interested in the credit card business need to keep
    an eye on an industry barometer known as revolving credit. ...

  • Is The Consumer Coming Back?

    http://stocks.investopedia.com/stock-analysis/2011/Is-The-Consumer-Coming-Back-V-MA-DFS-BAC-COF0913.aspx
    ... billion. Non-revolving credit was attributed to auto finance loans and student
    loans, while revolving debt is largely credit cards. The ...

  • The Importance Of Your Credit Rating

    http://www.investopedia.com/articles/00/091800.asp
    ... each number is preceded by one of two letters: "I" signifies installment credit
    (like home or auto financing), and "R" stands for revolving credit (such as a ...

  • How An Insurance Company Determines Your Premiums

    http://www.investopedia.com/articles/pf/05/insurescore.asp
    ... factors used in the calculation include the customer's outstanding debt, length
    of credit history, payment history, amount of revolving credit versus amount of ...

  • 4 Unexpected Things That Lower Your Credit

    http://www.investopedia.com/articles/pf/11/unexpected-things-affect-credit.asp
    ... Individuals who continually apply for revolving credit, such as credit cards, do
    not qualify for the single check exception, since theoretically the individual ...

  • Credit Cards: What Are Credit Cards? | Investopedia

    http://www.investopedia.com/university/credit-cards/credit-cards2.asp
    ... This money is made available to you, but it must be repaid within an agreed amount
    of time. Credit cards provide a line of revolving credit. ...

  • Credit Cards: Types Of Credit Cards | Investopedia

    http://www.investopedia.com/university/credit-cards/credit-cards4.asp
    ... Here are the most common types of credit cards: Standard Credit Cards Standard credit
    cards are the general purpose cards that have revolving credit lines. ...

  • Consumers Inch Back

    http://stocks.investopedia.com/stock-analysis/2011/Consumers-Inch-Back-F-GM-MAV-DFS-JPM-BAC-C0113.aspx
    ... Credit Card Decline Revolving credit card debt showed a decline of $4.2 billion
    for November. This was the 27th month for a fall in revolving debt. ...

  • Expert Tips For Cutting Credit Card Debt

    http://www.investopedia.com/articles/pf/07/cut-credit-debt.asp
    ... Expert Tips For Cutting Credit Card Debt. ... investing content in your inbox.
    Related Articles. How Many Credit Cards Should You Carry? ...

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