Which of the Following Is One of the Key Provisions

question 19

Multiple Choice

Which of the following is one of the key provisions of the Credit Card Accountability,Responsibility,and Disclosure Act of 2009?

• A)Lenders can issue credit cards to those under age 21 without any objections.
• B)Interest rates,with some exceptions,cannot be raised in the first year.
• C)Credit card issuers can charge interest on bills paid on time.
• D)Credit card companies can increase the annual percentage rate on all existing account balances.

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