Although more expensive than a line of credit, a revolving credit agreement can be less risky from the borrower's viewpoint.

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A revolving credit agreement typically has fixed monthly payments and a set repayment term, which can make it easier for the borrower to manage their debt and budget. In contrast, a line of credit is often more flexible but can be riskier as it may allow the borrower to borrow more than they can realistically repay.

Although More Expensive Than a Line of Credit, a Revolving