Was an unsecured loan an installment Financing otherwise Revolving Borrowing? Regarding borrowing from the bank products, there are 2 classes: cost financing and you can revolving credit. Those two sorts of financial obligation could affect your credit rating, even so they functions most in another way away from one another. Contained in this blog post, we are going to discuss the differences and you will answer a common question: Try a consumer loan a cost financing or revolving borrowing from the bank?