Fair and Justifiable Credit Card Interest Rate Act of 2008
To amend the Truth in Lending Act to impose a cap on the rate of interest that may be charged on consumer credit card accounts, and for other purposes.
Other Bill Titles (2 more) 5/7/2008--Introduced.
Fair and Justifiable Credit Card Interest Rate Act of 2008 - Amends the Truth in Lending Act to prohibit the annual percentage rate applicable to any extension of credit on a credit card account under an open end consumer credit plan from exceeding 20%. See Full Bill Text
Committees
Amendments
This bill has no amendments.
Bill Status
| Introduced | ![]() | Voted on by House | ![]() | Voted on by Senate | ![]() | Considered By President | ![]() | Bill Becomes Law |
| May 07, 2008 |
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Blog Coverage
May 08, 2008 Hill Watching, May 7th, 2008
HR 5988. A bill to amend the Truth in Lending Act to impose a cap on the rate of interest that may be charged on consumer credit card accounts, and for other purposes; to the Committee on Financial Services. [H3186]
May 06, 2008 HR 5988, To amend the Truth in Lending Act to impose a cap on the ...
HR 5988 would amend the Truth in Lending Act to impose a cap on the rate of interest that may be charged on consumer credit card accounts.... Vote on This Bill: For | Against.
May 06, 2008 Bill Introduced: HR5988 To amend the Truth in Lending Act to ...
To amend the Truth in Lending Act to impose a cap on the rate of interest that may be charged on consumer credit card accounts, and for other purposes.








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