New Regulations That Provide Clearer and More Favorable Financing Rules

Multiple Choice

New regulations that provide clearer and more favorable financing rules for individual credit card users do all of the following except

A) prohibit interest rate increases if you miss a payment on another credit card.
B) cap the amount of any increase to 5%.
C) require a 45 day notice of any credit card interest rate increase.
D) prohibit the rate on existing credit card balances from being increased unless you are at least 60 days late on payments.