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1. Is credit card the same as revolver?
2. Is there a common term for charge cards and credit cards?
1. pretty much. most people would think of credit cards as revolvers since they're basically revolving lines of credit.
2. just those terms I think. charge cards are basically also known as net 30 for business credit lines.
@enharu wrote:1. pretty much. most people would think of credit cards as revolvers since they're basically revolving lines of credit.
2. just those terms I think. charge cards are basically also known as net 30 for business credit lines.
+1
That's what I figured, thank you guys. I hate to have to say "credit cards or charge cards" to be technically correct, but I guess there's no other way. Sigh.