A delayed payment incentive promotion is when a consumer is granted a grace period during which he or she pays no interest or principal for the item purchased.

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A delayed payment incentive promotion typically involves offering consumers a grace period during which no interest or principal payments are due for a specific purchase. This can be done to encourage consumers to buy now and pay later, as they will not have to worry about immediate financial obligations. However, it is important for consumers to read the terms and conditions carefully and understand any fees or penalties that may apply if they are unable to make payments on time.

A Delayed Payment Incentive Promotion Is When a Consumer Is