Full Credit Card Cost Disclosure Act

Summary

Full Credit Card Cost Disclosure Act - Amends the Truth in Lending Act to require that all credit and charge card applications and solicitations include information regarding the annual interest rate, finance charge conditions, and other related charges and fees. Requires such information, as prescribed by the Board of Governors of the Federal Reserve System, to be prominently displayed in table form.

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Timeline

1. 26 February 1987

   Introduced

   Introduced in Senate

   Source: IntroReferral

2. 26 February 1987

   Introduced

   Read twice and referred to the Committee on Banking.

   Source: IntroReferral

3. 21 April 1987

   Committee

   Subcommittee on Consumer Affairs. Hearings held. Hearings printed: S.Hrg. 100-119.

   Source: Committee

4. 2 December 1987

   Reported

   Committee on Banking. Ordered favorably reported H.R. 515 in lieu of this measure.

   Source: Committee

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Introduced in Senate

  summary · EN · 26 February 1987

  Open at official source

Sponsors

• Sen. Dodd, Christopher J. [D-CT] · D · Sponsor
• Sen. Proxmire, William [D-WI] · D · Sponsor
• Sen. Glenn, John H., Jr. [D-OH] · D · Cosponsor
• Sen. Bond, Christopher S. [R-MO] · R · Cosponsor
• Sen. Levin, Carl [D-MI] · D · Cosponsor
• · ssbk00 · Standing

Related records

• related to → Fair Credit and Charge Card Disclosure Act of 1988