What Is the CARD Act of 2009?
AC
Edited byKathryn Schroeder
Quality Verified
Updated: March 21, 2024
AC
Edited byKathryn Schroeder
Quality Verified
Updated: March 21, 2024
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About Angelique Cruz
sources
- AnnualCreditReport.com. "Home." Accessed May 1, 2023.
- Bureau of Consumer Financial Protection. "2013 Consumer Credit Card Market Report." Accessed April 30, 2023.
- Consumer Financial Protection Bureau. "2021 Consumer Credit Card Market Report." Accessed April 30, 2023.
- Consumer Financial Protection Bureau. "Consumer Financial Protection Bureau Finds CARD Act Reduced Penalty Fees and Made Credit Card Costs Cleaner." Accessed May 2, 2023.
- Consumer Financial Protection Bureau. "CFPB Finds Credit Card Companies Charged $12 Billion in Late Fee Penalties in 2020." Accessed May 2, 2023.
- Federal Reserve. "Regulation Z Truth in Lending." Accessed May 1, 2023.
- Federal Reserve Bank of Boston. "The Credit CARD Act of 2009: What Did Banks Do?." Accessed May 2, 2023.
- FRED Economic Data. "Commercial Bank Interest Rate on Credit Card Plans, All Accounts." Accessed April 30, 2023.
- GAO. "College Students and Credit Cards." Accessed April 30, 2023.
- GAO. "Highlights: Increased Complexity in Rates and Fees Heightens Need for More Effective Disclosures to Consumers." Accessed April 30, 2023.
- Office of Financial Readiness. "Truth in Lending Act." Accessed April 30, 2023.
- Office of the Law Revision Counsel United States Code. "Credit Card Accountability Responsibility and Disclosure Act of 2009." Accessed April 30, 2023.
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Editorial Disclosure: Opinions, reviews, analyses and recommendations are the author’s alone and have not been reviewed, endorsed or approved by any bank, credit card issuer, hotel, airline, or other entity. Learn more about our editorial policies and expert editorial team.
Advertiser Disclosure: MoneyGeek has partnered with CardRatings.com and CreditCards.com for our coverage of credit card products. MoneyGeek, CardRatings and CreditCards.com may receive a commission from card issuers. To ensure thorough comparisons and reviews, MoneyGeek features products from both paid partners and unaffiliated card issuers that are not paid partners.