American_Bankers_Association
CTFA · Question #146
A________ is the time to pay your credit card bill without incurring finance charges.
The correct answer is B. Grace period. See the full explanation below for the reasoning.
Fiduciary and Trust Activities
Question
A________ is the time to pay your credit card bill without incurring finance charges.
Options
- ATime line
- BGrace period
- COvertime pay
- DExtension
How the community answered
(37 responses)- A14% (5)
- B78% (29)
- C5% (2)
- D3% (1)
Topics
#grace period#credit card#finance charges#consumer credit
Community Discussion
No community discussion yet for this question.