Multiple Choice
The CARD Act of 2009 toned down the actions of credit card issuers by
A) banning the issuance of credit cards to persons under 18,unless the borrower can show proof that he or she can repay the credit card loans independently.
B) banning credit card issuers from locating themselves "near campus" (defined as within 50 feet) .
C) banning the issuance of credit cards to persons under 18,unless someone over 25 co-signs on the account.
D) banning offers of freebies such as free pizza and T-shirts.
Correct Answer:
Verified
Correct Answer:
Verified
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