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- H.R.2724
H.R.2724: Credit Bait and Switch Prevention Act
About This Bill
- This bill was introduced in the 108th Congress
- This bill is primarily about finance and financial sector
- Introduced July 14, 2003
- Latest Major Action Aug. 4, 2003
Bill Sponsor
Bill Cosponsors
12 (12 Democrats, 1 Independent Democrat)
Bill Summary
Credit Bait and Switch Prevention Act - Amends the Fair Credit Reporting Act to prohibit a credit card issuer from using any negative information contained in a consumer report to increase the annual percentage rate applicable to a credit card account, or to remove or increase any introductory annual percentage rate of interest applicable to such account, for reasons other than actions or omissions of the card holder that are directly related...
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
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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| July 14, 2003 |
Introduced in the House by Bernard Sanders (ID-Vt.) |