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What does it mean to have revolving credit 2024?

Lucas Jackson | 2023-05-07 09:37:28 | page views：1437
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Harper Perez

Studied at the University of Barcelona, Lives in Barcelona, Spain.
Revolving credit is a line of credit where the customer pays a commitment fee and is then allowed to use the funds when they are needed. It is usually used for operating purposes and can fluctuate each month depending on the customer's current cash flow needs.
2023-05-13 09:37:28
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Lucas Stewart

QuesHub.com delivers expert answers and knowledge to you.
Revolving credit is a line of credit where the customer pays a commitment fee and is then allowed to use the funds when they are needed. It is usually used for operating purposes and can fluctuate each month depending on the customer's current cash flow needs.
Revolving Credit - Investopedia
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