Frequently, cardholders anticipating filing bankruptcy will spend up to the available credit on their credit card as a last aquot;splurge, aquot; knowing that they will not have to repay the debt. ... H. R. 2440, introduced by Representative Charles Schumer (D-NY), would require that the box of disclosures ... The box required on envelopes must contain: I. the annual percentage rate (aquot;APRaquot;); 2. the annual fee; 3. anyanbsp;...
Title | : | H.R. 2440, Credit and Charge Card Disclosure Amendments of 1991 |
Author | : | United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Consumer Affairs and Coinage |
Publisher | : | Government Printing Office - 1992 |
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