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What does it mean to have a revolving account 2024?

Benjamin Martin | 2023-05-07 09:37:16 | page views：1419
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Ethan Martinez

Works at the International Labour Organization, Lives in Geneva, Switzerland.
Dear SHS, The word --revolving-- describes the type of account and means it is a credit card. Credit cards are called revolving accounts because you can carry a balance from one month to the next, or --revolve-- the debt. ... The accounts will continue to appear in your credit report after they are paid off.
2023-05-15 09:37:16
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Lucas Turner

QuesHub.com delivers expert answers and knowledge to you.
Dear SHS, The word --revolving-- describes the type of account and means it is a credit card. Credit cards are called revolving accounts because you can carry a balance from one month to the next, or --revolve-- the debt. ... The accounts will continue to appear in your credit report after they are paid off.
Paid Accounts Showing on Credit Report | Experian
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