HR 5988 · 110th Congress · Finance and Financial Sector

Fair and Justifiable Credit Card Interest Rate Act of 2008

Introduced 2008-05-07· Sponsored by Rep. Hinchey, Maurice D. [D-NY-22]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Financial Services.(2008-05-07)

Plain Language Summary

[AI summary unavailable — showing source text] Fair and Justifiable Credit Card Interest Rate Act of 2008 - Amends the Truth in Lending Act to prohibit the annual percentage rate applicable to any extension of credit on a credit card account under an open end consumer credit plan from exceeding 20%.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (5)

5 Democrats