Question

Which law is referred to as the Credit Cardholders’ Bill of Rights? A. Fair and Accurate Credit Transaction Act B. Closed-end Credit Operations and Procedures C. Fair Credit Reporting Act D. Credit CARD Act

Answer 1

credit card act

Step-by-step explanation:

Answer 2

The correct answer option is D. Credit CARD Act.

Step-by-step explanation:

The Credit Card Accountability Responsibility and Disclosure Act of 2009 (commonly known as the Credit CARD Act) refers to as the Credit Cardholders’ Bill of Rights.

It is a federal law passed by the senate and signed into law by the President Obama which was designed to protect the credit card users from any unfair practices by the credit card companies.