|
gptkbp:instanceOf
|
gptkb:United_States_federal_law
|
|
gptkbp:amendedBy
|
gptkb:Truth_in_Lending_Act
|
|
gptkbp:appliesTo
|
gptkb:United_States
|
|
gptkbp:category
|
gptkb:United_States_federal_law
gptkb:Consumer_protection_law
Banking law
|
|
gptkbp:citation
|
gptkb:15_U.S.C._§_1601_et_seq.
|
|
gptkbp:enactedBy
|
gptkb:111th_United_States_Congress
|
|
https://www.w3.org/2000/01/rdf-schema#label
|
CARD Act
|
|
gptkbp:limitation
|
fees for late payments
over-limit fees
|
|
gptkbp:officialName
|
gptkb:Credit_Card_Accountability_Responsibility_and_Disclosure_Act_of_2009
|
|
gptkbp:prohibits
|
arbitrary interest rate increases
double-cycle billing
|
|
gptkbp:protectedBy
|
young consumers under 21
|
|
gptkbp:publicLawNumber
|
gptkb:Public_Law_111-24
|
|
gptkbp:purpose
|
to establish fair and transparent practices relating to the extension of credit under an open end consumer credit plan
|
|
gptkbp:regulates
|
credit card industry
|
|
gptkbp:requires
|
clear disclosures of terms and conditions
45 days notice before interest rate increases
|
|
gptkbp:shortName
|
gptkb:CARD_Act
|
|
gptkbp:signedBy
|
gptkb:Barack_Obama
May 22, 2009
|
|
gptkbp:sponsor
|
gptkb:Chris_Dodd
|
|
gptkbp:startDate
|
February 22, 2010
|
|
gptkbp:bfsParent
|
gptkb:Credit_Card_Accountability_Responsibility_and_Disclosure_Act
|
|
gptkbp:bfsLayer
|
6
|