Installment Credit vs. Revolving Debt: Which Will You Spend Down First? A few facets influence your credit rating, including just how debt that is much have actually. At exactly the same time, the sort of financial obligation you borrowed from additionally things. Generally speaking, financial obligation is categorized as installment credit or revolving financial obligation. Understanding how they vary — and exactly how they influence your credit score — will allow you to decide what type to tackle first, if…