H.R. 5988 · 110th Congress
Fair and Justifiable Credit Card Interest Rate Act of 2008
- Stage
- In committee
- Sponsor
- Maurice Hinchey
- Introduced
- 2008-05-07
- Latest action
- 2008-05-07 · Introduced in House
Summary
Fair and Justifiable Credit Card Interest Rate Act of 2008 - Amends the Truth in Lending Act to prohibit the annual percentage rate applicable to any extension of credit on a credit card account under an open end consumer credit plan from exceeding 20%.