Revolving credit allows borrowers to have ongoing access to funds in the form of a line of credit, which comes with rules about how much credit is available to the borrower and how they have to ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Robert Kelly is managing director of XTS Energy LLC, and has more than three decades of ...

Credit is a binding agreement to pay back borrowed money plus interest. Types of credit include secured (like mortgages) and unsecured (like personal loans). Credit scores, used in lending decisions, ...