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- H.R.2662
H.R.2662: Fair Credit Card Application Act of 1997
About This Bill
- This bill was introduced in the 105th Congress
- This bill is primarily about government operations and politics
- Introduced Oct. 9, 1997
- Latest Major Action Oct. 24, 1997
Bill Sponsor
Bill Cosponsors
5 (All Democrats)
Bill Summary
Fair Credit Card Application Act of 1997 - Amends the Truth in Lending Act to require that certain credit card and charge card applications (including telephone solicitations) disclose to the consumer the maximum authorized credit limit, and the consumer's right to state in the application the lowest credit limit acceptable to the consumer.
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
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Referred to the House Committee on Banking and Financial Services.
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|
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Referred to the Subcommittee on Financial Institutions and Consumer Credit.
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| Oct. 9, 1997 |
Introduced in the House by Robert Menendez (D-N.J.) |