s 7 51744 1216267200 false 1216267200 3287 1240 110 300038

7/17/2008--Introduced.<br/>Protecting Consumers from Unreasonable Credit Rates Act of 2008 - Amends the Truth in Lending Act to prohibit a creditor from making an extension of credit to a consumer with respect to which the annual percentage credit rate (APR) exceeds 36%. Includes within such APR all charges payable directly or indirectly incident to, ancillary to, or as a condition of the extension of credit. States that any payment in violation of this Act is null, void, and unenforceable. Prescribes civil and criminal penalties for violations of this Act. Empowers states' Attorneys General to enforce it.<br/>

1216267200 2008-07-17 Fri Nov 07 19:12:22 -0600 2008 introduced 51744 'act':9 'bill':2 'lend':8 'rate':15 'amend':4 'truth':6 'usuri':14 'consum':17 'credit':18 'nation':13 'transact':19 'establish':11 62215 false official introduced 51744 'act':7 '2008':9 'rate':6 'consum':2 'credit':5 'protect':1 'unreason':4 63500 false short introduced 51744 1216267200 Thu Jul 17 00:00:00 -0500 2008 166768 D000563 1944-11-21 10035 309 Hart Senate Office Building http://durbin.senate.gov/contact.cfm 202-228-0400 Richard 'd':4 'il':5 'sen':1 'durbin':3,7,9 'richard':2,6,8 M 300038 Durbin Richard_Durbin J. Sen. Richard Durbin [D, IL] 5122 N00004981 20303 Democrat 202-224-2152 Roman Catholic IL Dick Richard Durbin 3.60810810810811 http://durbin.senate.gov W000802 5759 502 Hart Senate Office Building http://whitehouse.senate.gov/contact/ 202-228-6362 Sheldon 'd':4 'ri':5 'sen':1 'sheldon':2,6,8 'whitehous':3,7,9 M 412247 Whitehouse Sheldon_Whitehouse Sen. Sheldon Whitehouse [D, RI] 2508 N00027533 10500 Democrat 202-224-2921 RI Sheldon Whitehouse 3.4 http://whitehouse.senate.gov/ SenatorWhitehouse introduced 51744 1216267200 Thu Jul 17 00:00:00 -0500 2008 166768 action 51744 1216267200 Thu Jul 17 00:00:00 -0500 2008 166769 Sponsor introductory remarks on measure. (CR S6941) action 51744 1216267200 Thu Jul 17 00:00:00 -0500 2008 166770 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.