credit card laws Guides

Credit CARD Act of 2009

Credit CARD Act of 2009

The Credit Card Accountability Responsibility and Disclosure Act of 2009 or Credit CARD Act of 2009 is a federal law passed by the United States Congress and signed by President Barack Obama on May 22, 2009. It is wide-ranging credit card development legislation that aims “…to establish fair and transparent practices relating to the extension of credit under an open end consumer credit plan, and for other purposes.” The bill was passed with tremendously soaring, bipartisan support by both the House of Representatives and the Senate

Charge Cards

A charge card is similar to a credit card but not the same in the sense that it does not have a p…

Credit Counseling

Credit counseling is a broad term that offers education to customers about how to avoid debts tha…

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