United States · Bill · S
S. 3287 (110th)
Protecting Consumers from Unreasonable Credit Rates Act of 2008
Introduced
17 July 2008
Last action
—
Status
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (text of measure as introduced: CR S6941-6942)
Sponsors
—
Subjects
Discovery layer
Source updated
14 August 2025
Summary
Protecting Consumers from Unreasonable Credit Rates Act of 2008 - Amends the Truth in Lending Act to prohibit a creditor from making an extension of credit to a consumer with respect to which the annual percentage credit rate (APR) exceeds 36%. Includes within such APR all charges payable directly or indirectly incident to, ancillary to, or as a condition of the extension of credit. States that any payment in violation of this Act is null, void, and unenforceable. Prescribes civil and criminal penalties for violations of this Act. Empowers states' Attorneys General to enforce it.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
No timeline events have been ingested for this record yet.
Votes
No vote records are attached yet.
Versions
No version snapshots stored. Document URLs remain at the source.
Documents
3 official files
Introduced in Senate (text)
Introduced in Senate · EN · 17 July 2008
Introduced in Senate (PDF)
Introduced in Senate · EN · 17 July 2008
Introduced in Senate
summary · EN · 17 July 2008
Sponsors
No sponsors or actors listed by the source.
Related records
No cross-record relationships stored yet.
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/110th-congress/senate-bill/3287
- Open data entity: https://api.congress.gov/v3/bill/110/s/3287