You may advertise "No Finance Charge" under which condition?

The ability to advertise "No Finance Charge" hinges on the actual absence of interest fees being charged to the consumer. This means that if a transaction is structured in such a way that the borrower is not subject to any finance charges—essentially meaning the lender is not collecting interest over the term of the loan—then the advertisement can truthfully claim "No Finance Charge."

In this scenario, the phrase effectively communicates that consumers will not incur any cost beyond the principal amount borrowed, providing clarity and an attractive proposition for prospective buyers. Clear and honest advertising practices are crucial in financial transactions, and stating "No Finance Charge" when there are genuinely none fosters trust and transparency between lenders and borrowers.

The other options describe conditions under which finance charges may still be applicable, either by postponing interest fees or implying some form of interest involvement, which would not justify a claim of no finance charge.