Online Credit Card Disclosure Act of 2018 This bill amends the Truth in Lending Act to revise disclosure requirements for an open end consumer credit plan (credit card). Specifically, creditors must include repayment information applicable to the consumer's outstanding credit card balance on an online interface used to make a payment.
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Timeline
Introduced in House
Referred to the House Committee on Financial Services.
Introduced in House
Referred to the House Committee on Financial Services.
Finance and Financial Sector
Consumer affairsConsumer creditInternet and video servicesInternet, web applications, social media
To strengthen the disclosure requirements for creditors under the Truth in Lending Act.
USA115th CongressHR-6531| House
| Updated: 7/25/2018
Online Credit Card Disclosure Act of 2018 This bill amends the Truth in Lending Act to revise disclosure requirements for an open end consumer credit plan (credit card). Specifically, creditors must include repayment information applicable to the consumer's outstanding credit card balance on an online interface used to make a payment.