Skip to main content
HR 4410 105th Congress House

Credit Card On-Time Payment Protection Act of 1998

Official title: To amend the Truth in Lending Act to protect consumers from certain unreasonable practices of credit cards issuers which result in cancellation of credit, high… Show full official titleShow less

Official title: To amend the Truth in Lending Act to protect consumers from certain unreasonable practices of credit cards issuers which result in cancellation of credit, higher fees or rates of interest, or other penalties that result in higher or unnecessary costs to card holders who pay credit card balances in full, and for other purposes.

Introduced: September 14, 1998 See on congress.gov
Finance and Financial Sector CommerceConsumer creditConsumer protectionCredit cards
More subjectsShow fewer subjects
FeesFinance chargesInterest rates
Sign in to write a letter Sign in to watch
This bill died when the 105th Congress ended
It never became law before the 105th Congress (1997–1998) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Aug 5, 1998
Referred to the Subcommittee on Financial Institutions and Consumer Credit.
Aug 5, 1998
Referred to the House Committee on Banking and Financial Services.
Aug 5, 1998
Sponsor introductory remarks on measure. (CR E1550-1551)
Aug 5, 1998
Introduced in House
 Ask about this bill AI · grounded in the bill text

Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.

AI answers can be imperfect; always confirm against the full bill text.

 Latest action August 5, 1998

Referred to the Subcommittee on Financial Institutions and Consumer Credit.

 Plain-English summary Congressional Research Service

Credit Card On-Time Payment Protection Act of 1998 - Amends the Truth in Lending Act to prohibit a creditor from cancelling an account, imposing a minimum finance charge, imposing any fee in lieu of such charge, or imposing any other charge or penalty with respect to a credit card account under an open-end consumer credit plan solely on the basis that credit has been repaid in full before the end of any grace period.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Cosponsors 1
All 1 Democratic 1
D
Neal, Richard E.
Massachusetts · Sep 14, 1998
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 4410: Credit Card On-Time Payment Protection Act of 1998. 105th Congress. Open America. https://openamerica.io/bill/105-HR-4410/
MLA
"H.R. 4410: Credit Card On-Time Payment Protection Act of 1998." 105th Congress, 2026, Open America, https://openamerica.io/bill/105-HR-4410/.
Bluebook (legal)
H.R. 4410, 105th Cong. (2026), https://openamerica.io/bill/105-HR-4410/.
Markdown link
[H.R. 4410: Credit Card On-Time Payment Protection Act of 1998](https://openamerica.io/bill/105-HR-4410/)
Report a problem