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Revolving credit - lenen doorlopend krediet is a type of credit which allows borrowers to gain access to a certain sum of money (as much as the accessible credit limit). Every time you use the credit in making purchases, the purchase amount is taken off from your borrowing limit. The client can pay the balance back in full or in partial amounts. After they carry a balance, financial costs will apply. Furthermore, as repayments on the balance are made, the credit limit goes back up. An additional main feature of revolving credit is that the account remains open until the client decides to close the account. When the client is in great credit standing, creditors likely offer a raise in your credit limit, raising the borrowing power…