A physical charge card that is used to purchase merchandise at a point-of-sale terminal in a bricks and mortar store as well as to make purchases online using the assigned account number. The card ...

Consumer credit comes in two forms, revolving (or open-ended) and nonrevolving (or on an installment basis until the last payment is made), and either may be secured with collateral or without.

Both can cover purchases or consolidate debt, but there are important differences to consider as you make your choice ...