Question

If a credit card balance is not paid in full within the grace period then the customer will receive a __________.

A.
finance charge
B.
lower credit limit
C.
lower interest rate
D.
higher credit limit


Please select the best answer from the choices provided

A
B
C
D

Answer 1

Answer: A. Finance Charge

Explanation: If a credit card balance is not paid in full within the grace period, then the customer will receive a finance charge. So, the answer is A. finance charge.

Answer 2

A.

Step-by-step explanation: