The Credit CARD Act Of 2009

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The Credit Card Accountability Responsibility And Disclosure Act of 2009 or the Credit CARD Act of 2009 is now a federal law that was passed with high, bipartisan support from both the House of Representatives and the Senate. It was signed into law by President Barack Obama on May 22, 2009.

The bill will go into effect on February 22, 2010.

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