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Category: Revolving Credit

Consumption: revolving credit has more than one card in its game!

Consumption: revolving credit has more than one card in its game!

A revolving credit is a reserve of money that you get from a specialized agency or a brand and that you can use whenever you want according to your expenses. Once this credit is partially or – in some cases – completely used up, you have to repay monthly payments, which constitutes a new reserve of money. Once the exact amount is reached, you can again draw on your revolving credit for your purchases. Today, three types of cards are…

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