Because credit card debts are less set in stone than installment loan debt payments, your credit score can be more impacted by
accumulating revolving credit debt.
Not exact matches
Although
revolving a
credit card balance allows interest charges to
accumulate very quickly, the projected APR is actually much lower than the alternative.
Whether you're looking to
accumulate points with a feature - rich rewards card or just wanting a secure
revolving line of
credit, BBVA Compass offers a
credit card that can accomplish your small business goals.
Yet, while helping you
accumulate those points, I understand your concern over the card's impact on the authorized user's
credit score, especially since this authorized user doesn't have any other open «
revolving»
credit.