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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H.R. 5244: Credit Cardholders' Bill of Rights Act of 2008 |
The bill is a long way from becoming law. It has to pass the Senate and a president who said he does not support the measure. But with the credit crisis front and center, consumers have a chance to show they can be heard.
Consumer Credit Counseling:
Consumer Credit Counseling Web site or call 800-355-2227
Credit Cardholders' Bill of Rights