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Searching...- Bills
- H.R.3959
H.R.3959: Credit Card Rate Freeze Act of 2009
About This Bill
- This bill was introduced in the 111th Congress
- This bill is primarily about finance and financial sector
- Introduced Oct. 28, 2009
- Latest Major Action Oct. 28, 2009
Bill Sponsor
Bill Cosponsors
3 (All Democrats)
Bill Summary
Credit Card Rate Freeze Act of 2009 - Prohibits a creditor, during a specified nine-month period, from: (1) increasing any annual percentage rate (APR), fee, or finance charge applicable to any outstanding balance of any credit card account under an open end consumer credit plan; or (2) changing the terms governing repayment of any outstanding balance, except as permitted by the Credit Card Accountability Responsibility and Disclosure Act of...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Referred to the House Committee on Financial Services.
|
|
| Oct. 28, 2009 |
Introduced in the House by Betsy Markey (D-Colo.) |