Phil has a credit card from Quality Credit, Inc. Quality wants to change to the terms. The firm

Question

Phil has a credit card from Quality Credit, Inc. Quality wants to change to the terms. The firm​

Quizplus · Accepted Answer

According to the Credit Card Accountability Responsibility and Disclosure Act (CARD Act) of 2009, Quality Credit, Inc. must give Phil at least forty-five days' notice before changing the terms of his credit card. This notice must include information about the change, the effective date of the change, and Phil's right to opt-out of the change if he chooses to do so.

Phil Has a Credit Card from Quality Credit, Inc