Question

Describe a real or made up but realistic situation in which you would want to use revolving credit. (2-4 sentences)

Answer 1

An example of when a revolving credit is used is when a person makes use of a credit card to make a payment.

What is a revolving credit ?

Revolving credit is a form of credit that does not have a fixed number of payments. It allows the holder of the revolving credit to borrow repeatedly until a maximum amount is reached.

To learn more about credit cards, please check: https://brainly.com/question/27547395

#SPJ1