H.R. 1573 · 108th Congress
Credit Card Consumer Protection Act of 2003
- Stage
- In committee
- Sponsor
- Bill Pascrell
- Introduced
- 2003-04-02
- Latest action
- 2003-04-11 · Referred to the Subcommittee on Financial Institutions and Consumer Credit.
Summary
Credit Card Consumer Protection Act of 2003 - Amends Truth in Lending Act with respect to open-end consumer credit card plan disclosures to require: (1) a 30-day posting deadline for the mailing of credit card account statements; (2) prominent type face disclosure of the date by which a late fee will be charged to the account; and (3) recordkeeping by the credit card issuer of the pertinent dates for the mailing of bills and receipt of bill payments.