Revolving Debt
Fannie Mae
Updated 10-31-2026
Revolving Debt
An arrangement for credit in which the customer receives purchases or services on an ongoing basis prior to payment. Repayment is usually at regular intervals but not for a specified amount or term. Example: charge cards.
Fannie Mae Glossary of Terms
Fannie Mae · p. 42
FTC
Updated 10-31-2026
Revolving Debt
Credit that is extended by a creditor under a plan in which (1) the creditor contemplates repeated transactions; (2) the creditor may im-pose a finance charge from time to time on an outstanding unpaid balance; and (3) the amount of credit that may be ex-tended to the consumer during the term of the plan is generally made available to the extent that any outstanding balance is repaid.
FTC Real Estate Terms
FTC · p. 16
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