Answered

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Which of these refers to the number of days between when a charge is made and when a finance charge is added?

A. Sliding door policy
B. Due date
C. Credit limit
D. Grace period

Sagot :

GinnyAnsweridn

Final answer:

The grace period is the number of days between a charge and when a finance charge is added on a credit card.


Explanation:

Grace period refers to the number of days between when a charge is made and when a finance charge is added. In the context of a credit card company charging [tex]$10 when a payment is late and $[/tex]5 each day the payment remains unpaid, the concept of grace period is relevant.

For example, if a customer makes a purchase on a credit card and has a grace period of 30 days, they have that amount of time to pay the balance in full without incurring any finance charges.


Learn more about Credit Card Finance here:

https://brainly.com/question/38358404


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