Credit cards; prohibits issuer from increasing interest rate or imposing fee thereon. (SB104)
Introduced By
Progress
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Introduced |
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Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Credit cards; universal defaults. Prohibits a credit card issuer from increasing the interest rate or imposing a fee on a credit card account based on the cardholder's failure to make timely payment on another credit card account or other reasons not directly related to the cardholder's credit card account with the issuer. View Full Text »
Outcome
Bill Has Failed
View Bill's History
