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Explain how a credit cardholder has an interest free loan on their new purchases. When does this occur? How can the cardholder get it ?

Explain how a credit cardholder has an interest free loan on their new purchases. When does this occur? How can the cardholder get it

? [

Note: This has nothing to do with a promotion or enticement or an introductory offering

] (3

points

)

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