HR 247 · 95th Congress · Finance and Financial Sector

A bill to amend the Truth in Lending Act to require lenders to post current interest rates charged for various categories of loans to consumers.

Introduced 1977-01-04· Sponsored by Rep. Collins, Cardiss [D-IL-7]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Banking, Finance and Urban Affairs.(1977-01-04)

Plain Language Summary

[AI summary unavailable — showing source text] Requires creditors, under the Truth in Lending Act, to post, at each place of business where they extend credit to consumers, a sign which states clearly and conspicuously the current rates of interest being charged for each category of loan.…

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