H.R. 3492
From the 109 Session
Rep Sanders, Bernard
Consumer Credit Card Protection Act
Introduced: Referred to House subcommittee
TAGS: credit cards, consumer credit, consumers
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Updated by jeweke
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Summary



H.R. 3492 would ban universal default clauses, block retroactive interest rate changes, and require disclosure of the months of minimum payments would take to repay a credit card balance.

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Additional Links

Letter from Consumer Groups supporting H.R. 3492.

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