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United States · Bill · HR

H.R. 4410 (105th)

Credit Card On-Time Payment Protection Act of 1998

referredUnited States· United States Congress· EN

Introduced

5 August 1998

Last action

Status

Referred to the Subcommittee on Financial Institutions and Consumer Credit.

Sponsors

Subjects

Discovery layer

Source updated

21 August 2025

Summary

Credit Card On-Time Payment Protection Act of 1998 - Amends the Truth in Lending Act to prohibit a creditor from cancelling an account, imposing a minimum finance charge, imposing any fee in lieu of such charge, or imposing any other charge or penalty with respect to a credit card account under an open-end consumer credit plan solely on the basis that credit has been repaid in full before the end of any grace period.

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Documents

3 official files

Introduced in House (text)

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Sources

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