Credit Card Accountability Responsibility and Disclosure Act
GPTKB entity
Statements (28)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:United_States_federal_law
|
| gptkbp:alsoKnownAs |
gptkb:CARD_Act
|
| gptkbp:amendedBy |
gptkb:Truth_in_Lending_Act
|
| gptkbp:appliesTo |
credit card issuers
|
| gptkbp:category |
gptkb:Consumer_protection_law
Financial regulation in the United States |
| gptkbp:enactedBy |
gptkb:United_States_Congress
|
| https://www.w3.org/2000/01/rdf-schema#label |
Credit Card Accountability Responsibility and Disclosure Act
|
| gptkbp:limitation |
fees and penalties
|
| gptkbp:prohibits |
arbitrary interest rate increases
double-cycle billing issuance of credit cards to people under 21 universal default |
| gptkbp:protectedBy |
consumers
|
| 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 |
45 days advance notice of significant changes in terms
clear disclosures of terms and conditions minimum payment warnings periodic statements to be mailed at least 21 days before payment due date |
| gptkbp:section |
gptkb:Title_III_of_Public_Law_111-24
|
| gptkbp:signedBy |
gptkb:Barack_Obama
May 22, 2009 |
| gptkbp:sponsor |
gptkb:Christopher_Dodd
gptkb:Barney_Frank |
| gptkbp:startDate |
February 22, 2010
|
| gptkbp:bfsParent |
gptkb:Consumer_Financial_Protection_Bureau
|
| gptkbp:bfsLayer |
5
|