The CARD Act of 2009 Toned Down the Actions of Credit

question 140

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.