The Credit Card Act of 2009 Now Requires Consumers Under

question 73

Multiple Choice

The Credit Card Act of 2009 now requires consumers under what age to show evidence of enough income to make payments or have an adult cosigner in order to receive a card in their own name?

• A)18
• B)21
• C)16
• D)There is no age limit.

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Definitions:

Controlling

The process of monitoring performance, comparing it with goals, and taking corrective action as needed.

Planned

Refers to activities or actions that have been thoughtfully considered and organized in advance.

Accomplished

Having successfully completed or achieved a goal or objective; skilled and capable.

Received

Pertains to goods, services, or payments that have been accepted or taken in by an individual or organization.