Revolving credit can help boost your credit score, but it can also create a spending trap
6:49am PDT - September 4th, 2019 mortgage rates - Business InsiderThe term "revolving credit" refers to things like credit cards and lines of credit — it's money you can borrow, pay back, then borrow again. Revolving credit typically comes with a higher interest rate than an installment loan, such as a mortgage or an auto l…