Friday, May 22, 2009

President Obama Signs the Credit Card Accountability, Responsibility and Disclosure Act (CARD) of 2009

From the Whitehouse:

WASHINGTON – Today, President Obama signs the Credit Card Accountability, Responsibility, and Disclosure (CARD) Act of 2009, marking a turning point for American consumers and ending the days of unfair rate hikes and hidden fees.

Read the Whitehouse News Brief for a summary of the CARD Act’s key provisions.

Full text of the bill at

WSJ, “Are There Loopholes in the Credit Card Act?”

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