the credit card act of 2019 allows credit card companies to\nraise or lower interest rates on new purchases…

the credit card act of 2019 allows credit card companies to\nraise or lower interest rates on new purchases with a 45 - day notice.\nincrease the interest rate on unpaid balances without any notice.\nrequire cardholders to make online payments.\ngive credit only to people with low credit scores.

the credit card act of 2019 allows credit card companies to\nraise or lower interest rates on new purchases with a 45 - day notice.\nincrease the interest rate on unpaid balances without any notice.\nrequire cardholders to make online payments.\ngive credit only to people with low credit scores.

Answer

Answer:

raise or lower interest rates on new purchases with a 45 - day notice.

Brief Explanation:

The Credit CARD Act of 2009 (not 2019 as likely a typo) has provisions regarding interest rate changes. It requires 45 - day notice for raising or lowering rates on new purchases. It doesn't allow increasing rates on unpaid balances without notice, doesn't require online payments, and doesn't mandate giving credit only to those with low credit scores.