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Fair Credit Card Application Act of 1997

Introduced: October 9, 1997 See on congress.gov
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 24, 1997
Referred to the Subcommittee on Financial Institutions and Consumer Credit.
Oct 9, 1997
Referred to the House Committee on Banking and Financial Services.
Oct 9, 1997
Introduced in House
 Plain-English summary Congressional Research Service

Fair Credit Card Application Act of 1997 - Amends the Truth in Lending Act to require that certain credit card and charge card applications (including telephone solicitations) disclose to the consumer the maximum authorized credit limit, and the consumer's right to state in the application the lowest credit limit acceptable to the consumer.

What's happening now October 24, 1997

Referred to the Subcommittee on Financial Institutions and Consumer Credit.

 Committees of jurisdiction 2