HR 4208 · 96th Congress · Finance and Financial Sector
A bill to amend section 5197 of the Revised Statutes to provide certain restrictions on the rate of interest which a national bank may charge a credit card customer of such bank who is not a resident of the same State, Territory, or District in which such bank is located.
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to House Committee on Banking, Finance and Urban Affairs.(1979-05-23)
Plain Language Summary
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Prohibits a national bank from charging a rate of interest to a non-resident credit card customer in excess of the rate established by the laws of the State, territory, or district in which such bank is located.…
Summarized by Claude AI · Non-partisan · For informational purposes only