Whether you’re in the market for a new home, interested in purchasing a car, or heading to the store to grab groceries, there’s a good chance you’ll use some form of credit to complete the purchase.  Buying with credit means you are borrowing money which will later be paid back – but the amount owed and the time-frame required to pay it back depends on the type of credit it is. So knowing the type of credit you’re in the market for will help you understand how the arrangement might work.  Revolving credit A revolving credit account is one you can borrow from at any time, up to the limit set by the lender. This type of credit is paid

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