Jack990 Jack990
  • 07-03-2015
  • History
Answered

Revolving balance credit cards are those in which consumers must do which of the following? Pay the entire balance every month Pay an annual amount Pay a portion of their balance every month None of the above

Answer :

HistoryGuy HistoryGuy
  • 07-03-2015
A revolving balance credit card is one in which consumers pay a portion of their balance each month. Of course, users of this type of card have the option to pay in full every month, meaning they wouldn't owe any interest. 
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