What is another word for revolving credit?
Pronunciation: [ɹɪvˈɒlvɪŋ kɹˈɛdɪt] (IPA) 
Revolving credit is a type of credit that allows a borrower to access a certain amount of credit repeatedly, up to a pre-approved limit. It is also known as a revolving line of credit. Synonyms for revolving credit include "open-end credit," "revolving line," and "revolving loan." Other terms that may be used to refer to revolving credit are "credit line," "credit account," or "revolving charge account." Revolving credit is often used for everyday expenses, such as home improvements or emergencies. However, it is important to keep in mind that like any type of credit, revolving credit should be used wisely and with caution.
