The Credit CARD (Card Accountability Responsibility and Disclosure) Act of 2009 was passed to ________.
A. increase the regulation of credit card issuers
B. increase the dropping interest rates on credit card borrowings
C. reduce the notice period for late fees
D. enhance the ability of card issuers to use risk-based pricing
Answer:A
The Credit CARD (Card Accountability Responsibility and Disclosure) Act of 2009 was passed to ________.
A. increase the regulation of credit card issuers B. increase the dropping interest rates on credit card borrowings C. reduce the notice period for late fees D. enhance the ability of card issuers to use risk-based pricing