Amendment sought to prohibit credit card companies from raising annual percentage rates or introductory annual percentage rates except for reasons directly related to that credit card account or a late payment on another credit card or debt.

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Amendment Number
389
Description
Amendment sought to prohibit credit card companies from raising annual percentage rates or introductory annual percentage rates except for reasons directly related to that credit card account or a late payment on another credit card or debt.
Purpose
An amendment numbered 4 printed in the Congressional Record to insert provisions limiting the use of consumer reports.
Congress
108
Type
HAMDT
Latest Action Date
Sep 10, 2003
Latest Action Text
On agreeing to the Sanders amendment (A006) Failed by recorded vote: 142 - 272, 1 Present (Roll no. 495).
Latest Action Time
19:38:34
Submitted Date
Sep 10, 2003
Chamber
House of Representatives
Update Date
Feb 3, 2022
Amendment 389 — Informed