The phrase "revolving line" refers to a continuous and ever-changing group of people or things. It implies that the individuals or objects in the group are constantly rotating or being replaced, creating a dynamic and ongoing cycle. Full definition
A couple of revolving line of credit accounts will be more ubiquitous than student loans since credit cards are easier to obtain than getting into and paying for college. (stockmonkeys.com)
For consumers with a large amount of debt on revolving lines of credit, such as credit cards, a loan can also help them pay back that debt on a set schedule. (consolidate.loan)
For example, if you have two credit cards with a $ 500 limit each and no other revolving lines of credit, then you have a total limit of $ 1,000. (studentloanhero.com)