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The Credit Card Accountability,Responsibility,and Disclosure (CARD)Act Established Fee Caps for Cards.Card

Question 39

Multiple Choice

The Credit Card Accountability,Responsibility,and Disclosure (CARD) Act established fee caps for cards.Card fees cannot total more than ________ of the initial credit limit.


A) 25 percent
B) 40 percent
C) 45 percent
D) 60 percent

Correct Answer:

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