Revolving Credit vs. Installment Credit: Just What’s the Difference?

Revolving Credit vs. Installment Credit: Just What’s the Difference? Revolving Credit vs. Installment Credit: A Summary There are 2 fundamental kinds of credit repayments: revolving credit and installment credit. Borrowers repay installment credit loans with planned, regular re re re payments. This sort of credit involves the gradual decrease in principal and ultimate full payment,