The Credit Card Accountability Responsibility and Disclosure Act (Credit CARD Act) imposed new restrictions on credit card companies in 2010.

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The Credit Card Accountability Responsibility and Disclosure Act (Credit CARD Act) was signed into law on May 22, 2009 and went into effect on February 22, 2010. It imposed new restrictions on credit card companies in order to protect consumers from deceptive practices and unfair rate hikes.