Any Credit Card Purchase Will Effectively Be an Interest-Free Loan

Multiple Choice

Any credit card purchase will effectively be an interest-free loan if you have a zero balance when the grace period begins and you:

A) pay for the purchase within 6 months.
B) make the minimum payment.
C) pay off the entire balance on or before the due date.
D) pay a $5 fee or 3% of the amount charged.
E) receive a cash advance.