Happy birthday to the CARD Act! Today is February 22, 2010, the first day some of the major provisions of the new laws outlined in the much anticipated Credit Card Accountability Responsibility And Disclosure Act are officially in place. Among the major changes include a restriction requiring issuers extending credit to young consumers under the age of 21 to submit an [...]
Entries Tagged as 'under 21 credit cards'
Pre-paid Cards One of Few Easy Options Left for Students
February 22nd, 2010 · 1 Comment · Banking, Credit Cards
Tags: CARD Act·Credit Cards·facecard·prepaid cards·prepaid debit cards·student cards·student credit cards·under 21 credit cards
Under 21? Getting a Credit Card Will Soon be More Difficult
August 12th, 2009 · No Comments · Credit Cards
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 [...]
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
