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- H.R.1551
H.R.1551: Consumer Rental Purchase Agreement Act
About This Bill
- Introduced April 15, 2013
- Latest Major Action April 15, 2013
- See the nine similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
65 (17 Democrats, 48 Republicans)
Bill Summary
Consumer Rental Purchase Agreement Act - Amends the Consumer Credit Protection Act to prescribe consumer protection guidelines for rental-purchase transactions, including: (1) the determination of rental-purchase cost; (2) disclosure requirements; (3) prohibitions against confessions of judgment, wage assignments, and waiver of consumer claims or defenses; (4) furnishing of statements of account; (5) point-of-rental disclosures; and (6)...
(Source: Library of Congress)
Bill Actions
Date | Description |
---|---|
April 15, 2013 |
Referred to the House Committee on Financial Services.
|
April 15, 2013 |
Introduced in the House by Gregory W. Meeks (D-N.Y.) |