The Credit CARD Act of 2009 ushered in a new era for credit cards.
The law, signed by President Obama in May 2009, covers a wide-ranging set of reforms meant to eliminate unfair and deceptive practices.
The most significant consumer protections began Feb. 22, 2010. That's when credit card companies could no longer increase interest rates on existing credit card balances at "any time, for any reason."
So test your knowledge of the new credit card law.