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question 4 points 2 what is the difference between a charge card and a revolving charge card? charge cards can be used at only one store, and revolving charge cards can be used at multiple stores. charge cards have a fixed line of credit, and revolving charge cards have an unlimited line of credit. charge cards can only be used if payments are received every month, and revolving charge cards can be used even if the payment is delinquent. charge cards have a lower interest rate than revolving charge cards. reset 0/2 available reset button will be enabled after completing this assessment. reset questions 3/10 answered
Charge cards typically require full - payment each month and have a set credit limit, while revolving charge cards allow for carrying a balance and have a potentially expandable credit limit over time.
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Charge cards have a fixed line of credit, and revolving charge cards have an unlimited line of credit.