04/18/2010 05:12 am ET Updated May 25, 2011

The CARD Act Is About More Than Credit Cards

What would you think if I told you that because of the new CARD Act, which takes affect Feb. 22, visitors to national parks can now carry licensed guns?

Strange, but true. Congress has a tendency to pass minor or unpopular legislation under the cover of supported changes. It's a bit of a bargaining chip -- you give me this, I'll vote to pass that -- and it happens all the time. "The CARD Act is one of those things that was going to pass, so they tacked on something that might not have passed any other way," explains Schwark Satyavolu, co-founder of

So what else in the CARD Act has managed to slip under our radar? Truth be told, it's very consumer-friendly. But that doesn't mean there aren't a few things you should be aware of.

Jean Chatzky, a writer for describes the basics of the CARD Act, what it means for people under the age of 21, any additional fees, timely payments and more. If you own a credit card, you need to be informed about the changes and guidelines put forth through the CARD Act. Read this article in full to find out what you need to know.