News Articles for H.R.5244 feed

H.R.5244: 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.

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September 28, 2008 After Kneeling, Banks Swagger: "No Protection for US Taxpayer"

Democrats in the House tacked HR 5244 into the bailout, passing it by a vote of 312-112. The resolution would protect Americans from the type of predatory ...

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Source: OpEdNews, PA


September 26, 2008 Banks love bailout, hate credit card curbs

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

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Source: Los Angeles Times, CA


September 24, 2008 Greenwald Campaign: Latham rejects credit card holders’ bill of rights

(Boston Globe, 3/17/07) The Credit Card Holders Bill of Rights (HR 5244) passed the House despite Tom Latham’s vote. The bill will: · Protect against ...

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Source: IowaPolitics.com (press release), IA


September 23, 2008 ABA Launches CardPolicyInfo.com

In particular, the Web site provides detailed information on the negative impact of “The Credit Cardholders Bill of Rights” (HR 5244) and the ABA’s comments ...

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Source: InsideARM, MD


September 23, 2008 House Approves Bill to Ease Credit Woes for Small Business

HR 5244 will codify the most significant regulatory changes recently proposed by the Federal Reserve Board (Fed). It is crucial that these proposed changes ...

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Source: MarketWatch


September 22, 2008 Wall Street, Main Street and Mean Streets

Public Citizen is championing something for consumers in all of this: A Credit Cardholders Bill of Rights in HR 5244 that each of us should get behind by ...

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Source: InjuryBoard.com, FL


September 22, 2008 Cardholders' Bill of Rights may go before House this week

According to the Weekly Leader, the online house agenda alert system published by House Majority Leader Steny Hoyer, HR 5244 is among the items on tap for ...

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Source: CreditCards.com, TX


September 17, 2008 Congressional Transparency Tool Tracks Big Money

For example: Bill HR 5244, the Credit Cardholders' Bill of Rights Act of 2008. This Bill would limit the right of banks to arbitrarily increase interest ...

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Source: ConnieTalk, Ohio


August 27, 2008 Clears Financial Services Committee

HR 5244 should now be scheduled for floor action. The Ellison provision would prohibit card companies from imposing the practice of universal default on ...

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Source: OpEdNews, PA


February 19, 2008 Interest rates rise for lovers of plastic

Y., introduced the Credit Cardholders' Bill of Rights Act of 2008 (HR 5244). The bill would ban credit-card issuers from raising customers' interest rates ...

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Source: Seattle Times, United States


February 19, 2008 New rules for credit card firms?

... the House Financial Institutions and Consumer Credit Subcommittee, has just introduced the "Credit Cardholders' Bill of Rights Act of 2008" (HR 5244). ...

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Source: The Union of Grass Valley, CA


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