Question

If i pay off my entire credit card bill before this date, i do not have to pay interest on the money i have borrowed on my credit card. what is this called?

A. Forbearance period
B. Grace period
C. Default
D. probationary period

Answer 1

Probationary period

Step-by-step explanation:

A probationary period is the time before the due date.

Forbearance period is when the costumer is unable to meet or pay the loan and the property is "held back".

Grace period is the set time after a fee is due where no punishment is placed.

Default is the complete failure to ever repay the loan.