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HR 2146 110th Congress House Finance and Financial Sector Commerce Consumer credit Credit cards Interest rates

Universal Default Prohibition Act of 2007

Introduced: May 3, 2007 See on congress.gov
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This bill died when the 110th Congress ended
It never became law before the 110th Congress (2007–2008) 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 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 3, 2007
Referred to the House Committee on Financial Services.
May 3, 2007
Introduced in House
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 Plain-English summary Congressional Research Service

Universal Default Prohibition Act of 2007 - Amends the Truth in Lending Act to prohibit a creditor from: (1) using any adverse information concerning any consumer, including any in a consumer report or any change in the consumer's credit score, as the basis for increasing any annual percentage rate of interest for a credit card account of the consumer's under an open end consumer credit plan; or (2) removing or increasing any introductory annual percentage rate of interest for that account, for reasons other than actions or omissions of the consumer directly related to the account.

Requires such limitation on the use of adverse information to be clearly and conspicuously described to the consumer by the credit card issuer.

What's happening now May 3, 2007

Referred to the House Committee on Financial Services.

 Related & companion bills 1
  • S 1309 Identical bill Universal Default Prohibition Act of 2007
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 11
All 11 Democratic 11
D
Meeks, Gregory W.
New York · Jun 5, 2007
 D
Bishop, Sanford D.
Georgia · May 16, 2007
 D
Clarke, Yvette D.
New York · May 16, 2007
 D
Doggett, Lloyd
Texas · May 16, 2007
 D
Kaptur, Marcy
Ohio · May 16, 2007
 D
Schakowsky, Janice D.
Illinois · May 16, 2007
 D
Scott, Robert C. "Bobby"
Virginia · May 16, 2007
 D
Cleaver, Emanuel
Missouri · May 3, 2007
 D
Green, Al
Texas · May 3, 2007
 D
McCollum, Betty
Minnesota · May 3, 2007
 D
Waters, Maxine
California · May 3, 2007
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 2146: Universal Default Prohibition Act of 2007. 110th Congress. Open America. https://openamerica.io/bill/110-HR-2146/
MLA
"H.R. 2146: Universal Default Prohibition Act of 2007." 110th Congress, 2026, Open America, https://openamerica.io/bill/110-HR-2146/.
Bluebook (legal)
H.R. 2146, 110th Cong. (2026), https://openamerica.io/bill/110-HR-2146/.
Markdown link
[H.R. 2146: Universal Default Prohibition Act of 2007](https://openamerica.io/bill/110-HR-2146/)
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