The type of financing that allows you to pay for purchases at a later time with no interest charged is

Question

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A credit card allows you to make purchases and pay for them at a later time with no interest charged if you pay off the balance in full by the due date.

Answer: D 
 A line of credit is a type of financing that allows you to borrow money up to a certain limit and pay interest only on the amount you borrow. Some lines of credit also offer a grace period where no interest is charged on purchases made within a certain timeframe. However, this type of financing may not always offer the option to make purchases with no interest charged.

The Type of Financing That Allows You to Pay for Purchases