You might not know it, but the Credit CARD Act of 2009 changed your life in a powerful way.

The Credit Card Accountability Responsibility and Disclosure Act of 2009, more commonly known as the CARD Act, regulates credit card issuers in the U.S. The law expanded the Truth in Lending Act ...

As he sought to recapture the White House in 2024, Donald Trump promised to "put a temporary cap on credit card interest rates at 10%." During his presidency, bipartisan lawmakers have introduced ...

To be eligible for a student credit card, you need to show that your income is high enough to make timely payments. The list ...

Select explains the 2009 CARD Act, how it has changed credit card applications for college students and ways that young people can start building credit ...

Credit card companies can no longer ply students with free pizza and T-shirts to get them to open an account thanks to the Credit Card Accountability Responsibility and Disclosure (CARD) Act of 2009.

How your monthly card payment is applied Before Congress enacted the Credit CARD Act of 2009, there were no clear rules for how a card payment should be allocated.

Future college students may not face the same credit card dangers that are prevalent today, thanks to new legislation that reforms the credit card industry. President Obama recently signed into law ...

There is no specific minimum annual income requirement to qualify for a credit card, but your income does play a significant role in the application. The CARD Act of 2009 requires lenders to ...

The CARD Act of 2009 requires credit card issuers to consider whether someone can afford a credit card’s minimum payments before offering the person a new credit card or increasing their credit ...