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United States · Bill · S

S. 2760 (118th)

Capping Credit Card Interest Rates Act

referredUnited States· United States Congress· EN

Introduced

11 September 2023

Last action

Status

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Sponsors

Subjects

Discovery layer

Source updated

14 January 2025

Summary

Capping Credit Card Interest Rates Act This bill caps credit card interest rates at 18%, including all finance charges. Additional charges may not be imposed to evade this limitation. Creditors who violate this bill are subject to civil liability.  

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Documents

3 official files

Introduced in Senate (text)

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