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United States · Bill · HR

H.R. 274 (105th)

Truth in Credit Card Offers Act

referredUnited States· United States Congress· EN

Introduced

7 January 1997

Last action

Status

Referred to the Subcommittee on Financial Institutions and Consumer Credit.

Sponsors

Subjects

Discovery layer

Source updated

21 August 2025

Summary

Truth in Credit Card Offers Act - Amends the Truth in Lending Act to mandate disclosure of: (1) each annual percentage rate of interest that will actually apply to preapproved credit card solicitations or applications for an open end consumer credit plan; (2) a precise description of the index or other basis and the manner used to determine such rate; and (3) such rate in typeface twice as high as that used for any other item in the table.

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Documents

3 official files

Introduced in House (text)

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Sources

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