Document Type

Other

Publication Date

11-1-2009

Keywords

credit card act, credit card accountability, responsibilitiy and disclosure act

Extension Number

ExEx 14117

Department

Consumer Sciences

Description

Beginning in August 2009, there will be changes that affect consumer credit card bill¬ings. On May 22, 2009, President Barack Obama signed the Credit Card Accountability, Responsibility and Disclosure Act of 2009 (Credit CARD Act of 2009). The law is designed to protect consumers from some practices by credit card companies.

Comments

Updated November 2009.

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