HR 251 · 97th Congress · Finance and Financial Sector

A bill to amend the Truth in Lending Act to require that contracts and agreements respecting credit transactions subject to the Act be written in clear and understandable language.

Introduced 1981-01-05· Sponsored by Rep. Guyer, Tennyson [R-OH-4]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to Subcommittee on Consumer Affairs and Coinage.(1981-01-30)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Truth in Lending Act to require that contracts and agreements with regard to consumer credit transactions be written in clear and understandable language.…

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