Credit card debt occurs when a credit card company's customer buys an item or service via the card system.
Revolving debt, such as credit card debt, is a sort of revolving debt. You can borrow month after month as long as you repay enough to ensure that you never owe more than your credit limit. Credit card accounts, unlike installment loan accounts, can be used continuously and are canceled once the debt is paid off.
As a result, Option B is the correct answer for the blank.
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