H.R.5244 - Credit Cardholders' Bill of Rights Act of 2008

To amend the Truth in Lending Act to establish fair and transparent practices relating to the extension of credit under an open end consumer credit plan, and for other purposes. view all titles (2)

All Bill Titles

  • Short: Credit Cardholders' Bill of Rights Act of 2008 as introduced.
  • Official: To amend the Truth in Lending Act to establish fair and transparent practices relating to the extension of credit under an open end consumer credit plan, and for other purposes. as introduced.

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10/20/08
CREDIT CARDHOLDERS' BILL OF RIGHTS

Representative Maloney of New York spearheaded the bill, HR 5244: Credit Cardholders' Bill of Rights Act of 2008, which would serve to amend the current Truth in Lending Act. The bill passed the House (by nearly a 3 to 1 vote) on ...

10/19/08
StopStickingItToUs Coalition Backed by 120000 Canadian Companies ...

The U.S. House of Representatives on Tuesday passed the Credit Cardholders’ Bill of Rights Act (H.R. 5244), legislation to rein in unfair and deceptive credit-card company practices, on a vote of 312 to 112, said the Merchants Payments ...

10/15/08
American Airlines No Annual Fee Credit Card

But, in guidebook helps clarify the confusing world of credit card reform is another step and the house financial services committee passed hr 5244 in it passed by thehouse financial services committee, it retroactively is increasing ...

10/13/08
Office of the House Democratic Majority Leader Steny Hoyer

H.R. 5244 - the Credit Cardholders' Bill of Rights Act of 2008 (Rep. Maloney – Financial Services) (Subject to a Rule). Suspensions (39 Bills):. 1) H.R. 6984 - The Federal Aviation Administration Extension Act of 2008, Part II (Rep. ...

10/11/08
Bill For Georgia Blogosphere: New Television Ads (web versions)

[HR 5244 of 2008, HR 6604 of 2008, HR 3221 of 2008, HR 3915 of 2007, HR 1375 of 2004]. - This year Kingston voted against the new GI Bill for Iraq and Afghanistan veterans, then later voted for it after political pressure from my ...

10/10/08
0% balance transfer credit cards will be a thing of the past?

On September 23, the US House of Representatives overwhelmingly voted to pass the Credit Cardholders Bill of Rights, HR 5244, drafted to mirror regulations the Federal Reserve is planning to announce this fall. ...

10/10/08
Credit Card Holders Bill Of Rights [UPDATE]: The Urgency Of Now

This is a DEBT WARRIORS Credit Card UPDATE on the Credit Card Holders Bill Of Rights [HR 5244]: In by September 24th blog post, I gave props to Chairwoman Carolyn B. Maloney (D-NY). For getting the Credit Card Holders Bill Of Rights ...

10/08/08
Fact Check: McHenry's Record of Failed Leadership | North Carolina ...

Just last month, McHenry continued his support for big financial institutions when he voted against a bipartisan plan to curb the most abusive practices of credit card issuers (H.R. 5244, 9/23/08) a bill endorsed by the National Small ...

10/07/08
Would You Like More Credit Card Rights If It Means Credit Cards ...

The so-called “Credit Cardholders’ Bill of Rights” (HR 5244), while well-intentioned, will increase the cost of credit for consumers and small businesses across the country, result in less access to credit for consumers and businesses ...

10/07/08
Would You Like More Credit Card Rights If It Means Credit Cards ...

This week I asked the Personal Finance Bloggers Brain Trust the following question and as always, the answers are thoughtful and insightful. Question:. At the very time that our banks and Wall Street are asking and looking for a ...

10/06/08
WSJ on Credit Cardholders’ Bill of Rights

Congress wants to increase regulation on the credit card industry, through something called HR 5244, the Credit Cardholders’ Bill of Rights. We’ve talked a little about why the bill is a bad idea before, noting that restrictions on what ...

Source: Fiscons.com
10/06/08
Fossella's recent legislative votes

Credit Cardholders’ Bill of Rights Act of 2008 HR 5244 Vote Passed (312-112, 9 Not Voting) The House passed this bill to reform credit card industry practices. Rep. Vito Fossella voted NO Consolidated Security, Disaster Assistance, ...

10/05/08
US Credit Card Law Ignores Consumer Responsibility

In the shadow of the US Government’s massive subprime lending bailout, the House of Representatives passed legislation HR 5244, better known as the Credit Cardholders’ Bill of Rights Act of 2008. Designed to curb the growing torrent of ...

10/04/08
What Is And Where Is The Credit Cardholders' Bill Of Rights Act Of ...

Because Congress owes too much to lobbyists like the Consumer Bankers Association, a group that strongly opposes this legislation, HR 5244 is stuck in the House Financial Services Committee and is not likely to come up for a floor vote ...

Source: Rosa
10/04/08
Karen Hartley-Nagle's Camoaign Writes:

Mike Castle voted against the Credit Cardholders Bill of Rights (HR 5244), legislation that would prevent banks from using some of the abusive credit and billing practices that escalate consumer debt. During the debate ...

10/03/08
Barney Frank's attention span

Carolyn B. Maloney (NY-14), Chair of the Financial Services Subcommittee on Financial Institutions and Consumer Credit, announced today that the Subcommittee will hold a legislative hearing on HR 5244, “The Credit Cardholders’ Bill of ...

10/03/08
where the rubber meets the road (10/03/08)

voting 312-112, the house sent the senate a bill (hr 5244) setting pro-consumer rules for credit-card firms. in part, the bill would allow card holders to set their own limits above which transactions cannot be processed; ...

10/02/08
Finally, a (Small) Win for the Little Guy!

Now, the House’s passage is only the first step; HR 5244 still has to make it through the Senate and then needs to be signed by the President. It wouldn’t hurt to call up or email your Senator and tell them how important it is to you as ...

10/02/08
Small Businesses Need More Incentives in Bailout Bill | Business ...

The House of Representatives recently passed the Credit Cardholders' Bill of Rights Act (H.R. 5244) by a strong margin, 312-112, and the group is urging lawmakers to include its credit card reforms in the rescue bill. ...

10/01/08
The Credit Card Holder's Bill of Rights

The House passed HR 5244, otherwise known as the Credit Card Holder’s Bill of Rights on September 23, 2008. HR 5244 is an amendment to the Truth in Lending Act to establish fair and transparent practices relating to the extension of ...

09/30/08
MyDD :: Progressives, Stand FIRM: Remember the Patriot Act and ...

ABA STATEMENT ON HOUSE PASSAGE OF H.R. 5244 by Edward L. Yingling, president and CEO, American Bankers Association "The American Bankers Association is very disappointed by the action today of the House of Representatives. ...

Source: MyDD
09/30/08
Support a Credit Cardholders’ Bill of Rights

The Credit Card Bill of Rights (HR 5244) is a proposed bill that would:. –Stop random interest rate hikes on existing balances if you have paid on time. –Make card payments fairer by letting you apply a portion of your payment to higher ...

09/30/08
Is There a Local Media Black Out on Mike Castle's DEM Opponent?

... prove that he is more a friend to the Banking Industry than his Delaware constituents and American consumers when he attempted to kill by amendment and then vote against HR 5244, also known as the ‘Credit Cardholder Bill of Rights’. ...

09/30/08
Karen Hartley-Nagle's Campaign Writes:

Cardholder’s Bill of Rights’ (HR 5244), a bill designed to contain the abusive practices of credit card billing and passed with a veto proof majority, with a ‘no’ vote. He supported the deregulation that allowed Wall Street brokers to .

09/29/08
Bailout Information

http://www.opednews.com/articles/After-Kneeling-Banks-Swag-by-Dean-Powers-080928-832.html Tag(s): 700 Billion; Bailout; Bailout; Banks; Central Banks; Corporate Corruption Crime; Corruption; HR 5244; JPMorgan Chase; Wall Street Bailout.

09/29/08
GA Congressional Democrats Vote For The Credit Cardholders’ Bill ...

The Credit Cardholders’ Bill of Rights (HR 5244) is opposed by the big banks. The bill is opposed by President Bush. And based on the votes they cast yesterday, the seven Republican members of Georgia’s congressional delegation oppose ...

09/28/08
DispatchPolitics : How Ohioans voted last week Columbus Dispatch ...

H.R. 5244. Passage of the Credit Cardholders' Bill of Rights Act, the provisions of which include the elimination of retroactive interest-rate hikes and the imposition of late-payment fees that take people over credit limits. ...

09/28/08
How Ohioans voted last week

House of Representatives • HR 5244 Passage of the Credit Cardholders' Bill of Rights Act, the provisions of which include the elimination of retroactive interest-rate hikes and the imposition of late-payment fees that take people over ...

09/28/08
speaker.gov - Rescue bill posted… or was it?

The House today voted 312-112 to pass HR 5244, the Credit Cardholders? Bill of Rights Act of 2008. The entire Bay Area delegation supported it. Said House Speaker Nancy Pelosi, D-San Francisco:. ?With the economic security of the . ...

09/28/08
LICKING THE BOOT THAT KICKS YOU

The legislation -- HR 5244 -- would, among other things, end card issuers' self-proclaimed right to change interest rates at any time. Instead, a

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