HR 1060
107th Congress
House
Finance and Financial Sector
Bank marketing
Civil actions and liability
Commerce
Consumer credit
Consumer education
Consumer protection
Credit cards
Credit insurance
Damages
Debtor and creditor
Deceptive advertising
District courts
Federal preemption
Federal-state relations
Fees
Finance charges
Financial services
Financial statements
Government Operations and Politics
Credit Card Predatory Practices Prevention Act of 2001
Introduced: March 15, 2001
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 26, 2001
Referred to the Subcommittee on Financial Institutions and Consumer Credit.
Mar 15, 2001
Referred to the House Committee on Financial Services.
Mar 15, 2001
Introduced in House
Plain-English summary
Credit Card Predatory Practices Prevention Act of 2001 - Amends the Consumer Credit Protection Act to prohibit as unfair and deceptive specified creditor practices with respect to a credit card account under an open-end consumer credit plan, including practices involved in: (1) credit card solicitations; and (2) account administration.
Provides for notice to the consumer of failure to qualify for credit, and the reasons therefor.
Permits State authorities to bring an action to enjoin violations of this Act and enforce compliance.
What's happening now
Referred to the Subcommittee on Financial Institutions and Consumer Credit.
Committees of jurisdiction
2