Which financing method provides a float period? a)instalment loan b)credit card c)lump-sum loan d)home equity line of credit e)a loan from a relative

The period between your taking a loan and the rate of
interest that is charged getting fixed is referred to as float
period.

Lenders of home loans usually allow a float period
during which the borrower can at any time fix the rate of interest prevailing in the
market as the rate of interest of the home loan.

As
borrowers, in an attempt to find the lowest rates of interest, cause long delays before
they are able to fix the rate, most mortgage lenders have a pre-defined period within
which the borrower has to make the decision. If the time limit is exceeded, the borrowed
money has to be returned and the loan is cancelled.