Question
What is the correct definition for the grace period?
The time between when you make a purchase using the credit card and the date when the credit card company begins charging you interest.
The amount of time you have to make late payments
The amount you pay for your card each year
The amount of time you have to pay your secured deposit
The time between when you make a purchase using the credit card and the date when the credit card company begins charging you interest.
The amount of time you have to make late payments
The amount you pay for your card each year
The amount of time you have to pay your secured deposit
Answers
GPT-4o mini
The correct definition for the grace period is: **The time between when you make a purchase using the credit card and the date when the credit card company begins charging you interest.**