The CARD Act of 2009 made it illegal for credit card companies to offer credit cards to college students.

Question

Quizplus · Accepted Answer

The CARD Act of 2009 did not make it illegal for credit card companies to offer credit cards to college students. However, it did introduce some regulations and consumer protections for young consumers, such as requiring them to have a co-signer if they cannot prove their ability to repay the debt.

The CARD Act of 2009 Made It Illegal for Credit