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According to the Chapter, the 2009 Credit Card Responsibility and Disclosure

Question 9

Multiple Choice

According to the chapter, the 2009 Credit Card Responsibility and Disclosure Act:


A) requires credit cards companies to disclose specific reasons for increasing interest rates.
B) requires persons under 21 to show independent income or use a co-signer to acquire a credit card.
C) prohibits credit card companies from charging more than 18% interest.
D) requires students to disclose expected college loan debt when applying for a credit card.

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