Revolver credit

Revolver credit – in the context of Financial Law, this is a credit up to certain figure, given by the bank towards credit card holder. He/she can use this type of credit, called “revolving fund” without time limitations and up to the amount approved by the bank. Once the client repays it back, he/she is entitled to get it again. This action can be repeated numerous times and this is the reason for using credit cards with overdraft amount.

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