"Revolving credit" refers to a type of loan or credit where you can borrow money up to a certain limit and repay it over time. Unlike a regular loan where you get a lump sum and pay it back in fixed installments,
revolving credit allows you to use and repay the borrowed money multiple times as long as you stay within the predetermined limit. It's like a credit card where you have a set amount available to borrow, and you can use it whenever you need, paying it back as you go.
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