Q&A Video – What Is The CARD Act (2009)?

John Ulzheimer

John Ulzheimer | Q&A Videos

Jul 10, 2015

The Credit Card Accountability Responsibility and Disclosure Act of 2009 gave consumers certain rights, as well as implemented new standards for credit card issuers. Some of the most important features involve the banning of retroactive interest rate hikes (in most cases), a mandatory 21-day grace period between statements and billing dates, and restrictions on people under age 21.

Was this helpful?

The Insider

Brendan Harkness
Review of the Starwood Preferred Guest Cards from American Express
Brendan Harkness | Oct 11, 2017

The Starwood Preferred Guest consumer and business credit cards from American Express offer up to 5 points at SPG locations and a variety of great benefits.

Read More
Brendan Harkness
Platinum Card® from American Express Review: Is it worth the $550 annual fee?
Brendan Harkness | Sep 20, 2017

The Platinum Card from American Express provides a wide range of benefits and rewards, but is it worth the $550 annual fee?

Read More
John Ganotis
Is my credit card account open if I didn’t activate the card yet?
John Ganotis | Sep 18, 2017

Read More