Can a credit card company legal offer no grace period?

In: Credit and Debit Cards

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Absolutely, there are no statutes that can force a private company into such an agreement. Credit card issuers make a lot of money from the charging of late fees, therefore one can see why they would not be amicable to terms such as a "grace period."

First answer by Macky. Last edit by Macky. Contributor trust: 3213 [recommend contributor]. Question popularity: 10 [recommend question]

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