When news breaks, you need to understand what actually matters. At Vox, our mission is to help you make sense of the world — and that work has never been more vital. But we can’t do it on our own. We ...

Troy Segal is an editor and writer. She has 20+ years of experience covering personal finance, wealth management, and business news. Pete Rathburn is a copy editor and fact-checker with expertise in ...

What Is a Revolving Account? At first glance, you might think there are only two types of debt: secured and unsecured. Secured debt is tied to collateral that can be taken back if the debt goes unpaid ...

Revolving credit can be a convenient and flexible option when it comes to borrowing money. But what is revolving credit, exactly? Learn how it works and whether revolving credit is the best fit for ...

Having a mix of credit products in your name — such as a couple of credit card accounts and a mortgage or auto loan — helps to strengthen your overall credit profile. These credit products fall under ...

Thomas J Catalano is a CFP and Registered Investment Adviser with the state of South Carolina, where he launched his own financial advisory firm in 2018. Thomas' experience gives him expertise in a ...

Even when you never miss a payment, carrying unpaid credit card balances month after month can reduce how much home loan a ...

Whether a small-business loan is installment or revolving depends on the loan type and terms of the agreement. Many, or all, of the products featured on this page are from our advertising partners who ...

Revolving credit is a type of credit in which the consumer’s balance and minimum monthly payment can fluctuate, and where the cardholder usually has the option of avoiding finance charges by paying ...

Having a diverse variety of credit products shows lenders how you manage different types of debts, and it can even help improve your credit score. Your mix of credit counts as 10% of your credit score ...