All of this time and activity is required just to learn that the terms of the credit card plan are not favorable. The timing of the Truth-inaLending disclosures certainly acts as a deterrent against comparison shopping and competition. THE PROPOSED LEGISLATION ... The floating rate established in H.R. 78 is to be based on the discount rate in effect at the time of purchase. Although we believe 5 pointsanbsp;...
|Title||:||Credit card interest rate ceiling and disclosure|
|Author||:||United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Consumer Affairs and Coinage|