S. 2760 · 118th Congress
Capping Credit Card Interest Rates Act
- Stage
- In committee
- Sponsor
- Josh Hawley
- Introduced
- 2023-09-11
- Latest action
- 2023-09-11 · Introduced in Senate
Summary
Capping Credit Card Interest Rates Act
This bill caps credit card interest rates at 18%, including all finance charges. Additional charges may not be imposed to evade this limitation. Creditors who violate this bill are subject to civil liability.