Who controls Credit cards

[simahmud]

Which authority of Government controls Credit Cards?

[lorraineb]

Which authority of Government controls Credit Cards?

There is not an authority that controls them, but there are laws set in place by Congress: http://en.wikipedia.org/wiki/Credit_CARD_Act_of_2009

[GrimJack]

All the credit card companies have a South Dakota address because that was the first state to drop all limits on interest rates.