Regulations for the 2009 Credit Card Accountability, Responsibility, and Disclosure Act (CARD) include that credit card issuers must mail account statements 21 days prior to the payment due date and that credit card issuers are prohibited from giving credit cards to full-time college students under 21 years old unless the student can prove the means to pay or a parent/guardian cosigns for the card.

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The 2009 Credit Card Accountability, Responsibility, and Disclosure (CARD) Act includes provisions that require credit card issuers to mail or deliver credit card statements 21 days before the payment is due. Additionally, it restricts issuers from providing credit cards to individuals under 21 unless they have demonstrated the ability to make payments or have a cosigner, such as a parent or guardian, to help ensure financial responsibility.