As with many things in life and politics, the new credit card legislation signed in May by President Barack Obama provides the hope for positive change along with the potential for some negative change.
The Credit Card Accountibility, Responsibility and Disclosure Act of 2009 raises the age of accountability for credit card usage from 18 to 21 years [...]
Entries Tagged as 'Credit Card Accountability Responsibility And Disclosure Act'
Under 21? Getting a Credit Card Will Soon be More Difficult
August 12th, 2009 · No Comments · Consumer Debt, Credit Cards
Tags: college credit·Credit Card Accountability Responsibility And Disclosure Act·credit card accountibility·Credit Cards·new credit card legislation·Responsibility and Disclosure act·under 21 credit cards
Pre-Paid Credit Cards Not Covered by New Credit Card Legislation
July 1st, 2009 · 1 Comment · Banking, Credit Cards
People turn to prepaid credit cards form different reasons. For example: they are unable to get a checking account or they are teaching their children to be responsible with money by limiting what they spend.
Tags: consumer protections·Credit Card Accountability Responsibility And Disclosure Act·Debit Cards·Mastercard·prepaid credit cards·reloadable cards·Visa
