Term
Revolving credit
Credit you can use, pay back and use again without asking for it twice, up to a limit. A credit card is the everyday example: what you do not pay off rolls over and starts charging interest.
In pesos: With a $20,000 MXN limit you can spend $8,000, pay $3,000 and keep $12,000 available — while the $5,000 left over earns interest against you.
Where to go deeper
4/4 6 min Read Your first credit card (and how not to wreck yourself) What the CAT really is, why the minimum payment is a trap, how the interest starts running, and what a credit history buys you later.More terms on the same topic
Educational content only: not financial, investment or tax advice. The numbers are examples to understand the idea, not a forecast or a recommendation.