What's the difference between Trial period and Grace period?

JohnHale · Junior Joined: 23 Apr 2018 Posts: 9

Hi,

The LimeLM dashboard let's me choose a Trial period and a Grace period. While I understand what Trial is and what a Grace period is, I'm not sure what's the difference between the two when using LimeLM.
Does the Grace period starts after the Trial period ends? or do they overlap?
Could you please mention a scenario where both Trial period and Grace period would be used?
For a scenario where the user will be using a product for 30 days before the application stops working and requires it be activated so it can work, should I be using the trial period or the grace period or both?

Any help will be apprecited.

I didn't find the right solution from the Internet.

References:
https://wyday.com/forum/viewtopic.php?f=3&t=460
[url=https://blog.advids.co/20-brilliant-auto-loan-video-marketing-examples/]Auto Loan Video[/url]

Thank you.