1.
revolving payment; revolving credit
A credit card payment method where the cardholder pays a fixed monthly amount regardless of total purchases. Short for リボルビング払い. Known for accumulating high interest charges.
リボ払いは利息が高い。
Revolving payments have high interest.
カードの支払いをリボ払いに変更した。
I changed my card payment to revolving credit.
リボ払いを使い続けると、気づかないうちに借金が膨らむことがある。
If you keep using revolving payments, your debt can grow without you noticing.
USAGE:
A widely discussed financial topic in Japan. Consumer protection groups and financial advisors often warn against using revolving payments due to the high interest rates (typically 15% annually). Credit card companies sometimes encourage switching to revolving payments through promotions or points campaigns.
COMMON COLLOCATIONS:
- リボ払いに変更する (to switch to revolving payment)
- リボ払いの残高 (revolving payment balance)
- リボ払いの手数料 (revolving payment fees)
- リボ払い地獄 (revolving payment hell — debt trap)