Credit available for an indefinite term for the same amount because the credit used is matched by regular payments from the debtor. An example is permitting credit card holders to use the card up to a particular limit, $10,000: when that limit has been...

Revolving credit is a type of credit that does not have a fixed number of payments, in contrast to installment credit. Examples of revolving credits used by consumers include credit cards. Corporate revolving credit facilities are typically used to...