In another, he urges a man shopping in a haberdashery to "stick with the American Express card - no interest, no revolving debt."
Without any change to the Russian system it would be similar to the revolving debt associated with excessive credit card use.
And while home equity lines of credit have revolving terms the bulk of debt considered is true unsecured revolving debt incurred on plastic.
In 2006, the average American household carried about $7,200 in revolving debt (mostly on credit cards) and $21,000 in total debt.
The increase pushed total revolving debt to $407.2 billion.
They now owe about $750 billion in revolving debt, according to the Federal Reserve, a six-fold increase from two decades ago.
But how you handle revolving debt, like credit cards, tends to carry more weight since it's seen as more predictive of future behavior.
The higher revolving debt could reflect bills from the Christmas holidays.
Both automobile and revolving, or credit card, debt increased at double-digit rates.