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- H.R.3421
H.R.3421: Credit Protection Act of 2007
About This Bill
- This bill was introduced in the 110th Congress
- This bill is primarily about finance and financial sector
- Introduced Aug. 3, 2007
- Latest Major Action Sept. 5, 2007
Bill Sponsor
Bill Summary
Credit Protection Act of 2007 - Amends the Truth in Lending Act to prohibit a creditor from using adverse information concerning any consumer, including information in any consumer report or any change in the consumer's credit score, as the basis for increasing the annual percentage rate of interest (APR) or introductory APR applicable to a credit card account under an open end consumer credit plan for reasons other than actions or omissions...
(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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| Aug. 3, 2007 |
Introduced in the House by Nita M. Lowey (D-N.Y.) |