Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Robert Kelly is managing director of XTS Energy LLC, and has more than three decades of ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Thomas J. Brock is a CFA and CPA with more than 20 years of experience in various areas ...

A letter of credit guarantees payment to sellers in international trade. Not all letters of credit are transferable; terms vary. Letters of credit differ from lines of credit, mainly not involving ...

Revolving credit is a type of credit you can borrow from and pay down repeatedly over time, like credit cards or home equity lines of credit (HELOCs). Many or all of the products on this page are from ...

As a borrower, understanding the impact of credit and the types of credit available can help you intelligently leverage your wealth without risking high fees, interest and long-term debt. The two most ...