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- H.R.1060
H.R.1060: Credit Card Predatory Practices Prevention Act of 2001
About This Bill
- This bill was introduced in the 107th Congress
- This bill is primarily about law
- Introduced March 15, 2001
- Latest Major Action March 26, 2001
Bill Sponsor
Bill Cosponsors
21 (All Democrats)
Bill Summary
Credit Card Predatory Practices Prevention Act of 2001 - Amends the Consumer Credit Protection Act to prohibit as unfair and deceptive specified creditor practices with respect to a credit card account under an open-end consumer credit plan, including practices involved in: (1) credit card solicitations; and (2) account administration.Provides for notice to the consumer of failure to qualify for credit, and the reasons therefor.Permits State...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
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Referred to the House Committee on Financial Services.
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|
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Referred to the Subcommittee on Financial Institutions and Consumer Credit.
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| March 15, 2001 |
Introduced in the House by John J. LaFalce (D-N.Y.) |