HR 4019 · 99th Congress · Commerce

Credit Card Interest Rate and Cost Disclosure Act of 1986

Introduced 1986-01-21· Sponsored by Rep. Roth, Toby [R-WI-8]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to Subcommittee on Consumer Affairs and Coinage.(1986-02-03)

Plain Language Summary

[AI summary unavailable — showing source text] Credit Card Interest Rate and Cost Disclosure Act of 1986 - Amends the Truth in Lending Act to require credit card solicitations to disclose information about finance charge conditions, interest rates, and other related charges. Requires such information to be prominently displayed and, to the greatest extent possible, in table form. Applies such requirements to each item in a solicitation containing more than one item.…

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