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H.R. 6978 110th Congress House

Credit Card Safety Star Act of 2008

Official title: To require the establishment of a credit card safety star rating system for the benefit of consumers, and for other purposes.

Introduced: September 18, 2008 See on congress.gov
Finance and Financial Sector Administrative law and regulatory proceduresAdvisory bodiesConsumer affairsConsumer creditFederal Reserve System
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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
Sep 18, 2008
Referred to the House Committee on Financial Services.
Sep 18, 2008
Introduced in House
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 Latest action September 18, 2008

Referred to the House Committee on Financial Services.

 Plain-English summary Congressional Research Service

Credit Card Safety Star Act of 2008 - Amends the Truth in Lending Act to direct the Board of Governors of the Federal Reserve System to promulgate rules to implement a Safety Star System, with one to five stars, to allow consumers to compare quickly and easily the terms, conditions, and levels of safety associated with various open end credit plan agreements.

Specifies a point structure for rating credit cards.

Assigns an automatic one-star rating (the lowest level of safety) to any open end credit plan: (1) that allows the card issuer to modify the terms of the agreement with a cardholder at any time or periodically for unspecified or unstated reasons; or (2) under which other accounts, or changes by a third party in the cardholder's credit rating, are used as a basis for adverse changes in the agreement (including universal default).

Establishes the Credit Card Safety Star Advisory Commission.

 Related & companion bills 1
  • S 2411 Credit Card Safety Star Act of 2007
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
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APA
U.S. Congress. (2026). H.R. 6978: Credit Card Safety Star Act of 2008. 110th Congress. Open America. https://openamerica.io/bill/110-HR-6978/
MLA
"H.R. 6978: Credit Card Safety Star Act of 2008." 110th Congress, 2026, Open America, https://openamerica.io/bill/110-HR-6978/.
Bluebook (legal)
H.R. 6978, 110th Cong. (2026), https://openamerica.io/bill/110-HR-6978/.
Markdown link
[H.R. 6978: Credit Card Safety Star Act of 2008](https://openamerica.io/bill/110-HR-6978/)
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