Question 13 1 pts The ability to delay payment for different items from different vendors, up to an amount limit, during a period of time is called revolving credit o installment credit. O a charge card a credit cycle. a credit card Question 14 1 pts The purpose of credit ratings is to estimate o whether you can pay your debts o all of the above o whether you can afford to take on more credit. how dependent you are on credit. Question 15 1 pts Debt is distinguished from credit by the fact that debt is used to finance the purchase of assets of the above longer term used to create wealth