http://www.creditcardreform.org/pdf/credit-card-bill-2009.pdf Underage Consumers need to read up on the new laws affecting them in the Credit Card Reform Act of 2009. Sec. 301. Extensions of credit to underage consumers. Sec. 302. Protection of young consumers from prescreened credit offers. Sec. 303. Issuance of credit cards to certain college students. Sec. 304. Privacy Protections for college students. Sec. 305. College Credit Card Agreements.