Under the Credit Card Accountability, Responsibility, and Disclosure Act:

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Under the Credit Card Accountability, Responsibility, and Disclosure Act, if a credit card company lawfully increases its interest rate on a customer because of overdue payments, the rate must be restored to the prior rate if the customer makes at least the minimum payment on time for the next six months. Option A is incorrect as the penalty rate increase can be imposed before 90 days overdue. Option C is incorrect as credit card companies must mail account statements 21 days prior to the payment due date. Option D is incorrect as payments received after 5 p.m. must be credited on the next business day.