Legislators
Bills
Statements
Lobbying
Travel
Searching...- Bills
- S.673
S.673: Protecting Consumers from Unreasonable Credit Rates Act of 2013
About This Bill
- This bill was introduced in the 113th Congress
- This bill is primarily about finance and financial sector
- Introduced April 9, 2013
- Latest Major Action April 9, 2013
- See the eight similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
4 (All Democrats)
Bill Summary
Protecting Consumers from Unreasonable Credit Rates Act of 2013 - Amends the Truth in Lending Act to prohibit a creditor from extending credit to a consumer under an open end consumer credit plan (credit card) for which the fee and interest rate exceeds 36%. Sets forth criminal penalties for violations of this Act. Empowers state Attorneys General to enforce this Act. Revises requirements for a periodic statement for each billing cycle with...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| April 9, 2013 |
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (text of measure as introduced: CR S2504-2505)
|
| April 9, 2013 |
Introduced in the Senate by Richard J. Durbin (D-Ill.) |