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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

Credit Squeeze

A credit squeeze is a term in economics where two factors occur at the same time to stifle the su…

Calling Cards

A calling card is a type of pre-paid credit card that can be used to redeem telephone or cell pho…

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