What is the grace period on a credit card?Correct Answer: Time allowed to pay off a balance without interest ! Other People SaidTime allowed to pay off a balance without interest: 1003 Time you must wait between credit card applications: 100 Time it takes for a payment to be posted: 110 Next Question: When you cosign a loan, what are you agreeing to do?Manage payments for the borrowerPay the loan if the primary borrower doesn'tReceive the loan funds directly yourself