To amend the Truth in Lending Act to require a store in which a consumer may apply to open a credit or charge card account to display a sign, at each location where the application may be made, containing the same information required by such Act to be prominently placed in a tabular format on the application.
Last action on Jul 10, 2007Referred to the House Committee on Financial Services.
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Summary
Amends the Truth in Lending Act to require any person selling personal property to consumers on a business premises to display conspicuously, at each location on the premises where a credit or charge card account may be submitted by a consumer, a sign that contains the same information required by the Act to be prominently placed in tabular format on the account application itself.
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