👉 Non-revolving credit is a type of revolving credit card where there are no payments made on the balance at the end of each billing cycle. Non-revolving cards often offer lower interest rates and fees compared to revolving cards, making them more attractive for individuals seeking a flexible payment plan. In non-revolving credit, there is no payment due until the last day of the current billing period, which can be several months or even years in some cases. This means that if an individual chooses
