S.1925: Student Credit Card Protection Act of 2007

About This Bill

Bill Sponsor

Bill Summary

Student Credit Card Protection Act of 2007 - Amends the Truth in Lending Act to limit by a specified formula the total credit which may be extended by a creditor during any full calendar year to a full time, traditional-aged college student under a college student credit card account, unless a parent, legal guardian, or spouse of the student assumes joint liability for debts incurred. Prohibits increasing the credit limit on an account for...

(Source: Library of Congress)

Bill Actions

Date Description
Sponsor introductory remarks on measure.
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Aug. 1, 2007

Introduced in the Senate by Herb Kohl (D-Wis.)

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