Kathy purchased a $2,000 digital TV from Young's Appliances. She will make 12 equal payments over the next year to pay for it. She is using: Open-end credit closed-end credit Revolving check credit a line of credit Another name for open-end credit is: a box of credit. convenience credit revolving credit. a single lump-sum credit. The maximum amount of credit you are allowed by a creditor is called a(n): convenience credit. line of credit. a box of credit. open-end credit