Home » Market News » DirectorsTalk Highlights » What is revolving credit?
Morses Club plc

What is revolving credit?

It’s a strange-sounding term that you may not have come across before. But most of us use it every month without thinking about it. 

Which begs the question, what is revolving credit? Find out more in Morses Club’s latest blog…

It’s simple, really
Simply put, a revolving credit account lets you repeatedly borrow against and pay off a line of credit without having to apply for a new loan every time.

Morses Club PLC (LON:MCL) is an established, relationship-driven consumer finance provider offering a range of credit products and delivering exceptional services to customers in the non-standard finance market.