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Protecting Consumers from Unreasonable Credit Rates Act of 2008

A bill to amend the Truth in Lending Act to establish a national usury rate for consumer credit transactions.

Other Bill Titles (2 more)

7/17/2008--Introduced.
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 su... moreSee Full Bill Text

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IntroducedresultVoted on by SenateresultVoted on by HouseresultConsidered By PresidentresultBill Becomes Law
July 17, 2008
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July 28, 2008 MortgageNewsClips: Cramer Rant Nostalgia, Steve Forbes, Loosen Up ...

On July 17, Senator Dick Durbin (D-Ill.) introduced S. 3287, a bill which would amend the Truth in Lending Act (TILA) by creating a national usury rate. The bill, titled “Protecting Consumers From Unreasonable Credit Rates Act of 2008,” ...

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Source: Mortgage News Clips


July 24, 2008 Senator proposes national usury rate; would cap max interest APR ...

Durbin, a second-term Democrat from Illinois, filed the “Protecting Consumers from Unreasonable Credit Rates Act of 2008″ (S. 3287) late on Thursday. It would amend the Truth in Lending Act to impose a national cap on consumer credit ...

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Source: Best Credit Card Com


July 16, 2008 S. 3287, A bill to amend the Truth in Lending Act to establish a ...

S. 3287 would amend the Truth in Lending Act to establish a national usury rate for consumer credit transactions.... Vote on This Bill: For | Against.

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Source: washingtonwatch.com - Welcome to washingtonwatc...


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