What is one potential problem that the Credit Card Act of 2009 does not address?
A)Students can have a credit card even if they do not have a job.
B)Consumers under 21 must have a cosigner or large enough income to cover payments.
C)Credit card companies can't offer free gifts for applying if they are on a college campus.
D)Credit card companies can only offer incentives if they are over 1,000 feet off of a college campus.

Question

Quizplus · Accepted Answer

The Credit Card Act of 2009 does not address the issue of students being able to obtain a credit card without a job or income. This is still a potential problem that could lead to financial instability for young consumers.

What Is One Potential Problem That the Credit Card Act