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United States · Bill · S

S. 647 (100th)

Credit Card Account Holder Protection Act

openUnited States· United States Congress· EN

Introduced

3 March 1987

Last action

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Status

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

Sponsors

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Subjects

Discovery layer

Source updated

28 August 2025

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Summary

Credit Card Account Holder Protection Act - Amends the Truth in Lending Act to limit credit card interest rates to not more than six percentage points above the average Federal Reserve discount rate during the six months preceding the date of determination. Requires credit card issuers to disclose certain information regarding interest rates and fees in applications and solicitations.

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Documents

1 official file

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Sources

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