To amend the Truth in Lending Act to prohibit fees by creditors for payments on credit card accounts by electronic fund transfers, and for other purposes.
Credit Card Payment Fee Act of 2007 - Amends the Truth in Lending Act to prohibit a creditor, in the case of a credit card account under an open end consumer credit plan, from imposing a fee based on the manner in which payment on the account is made, including a fee for making any such payment by electronic fund transfer.
Introduced in House
Introduced in House
Referred to the House Committee on Financial Services.
Referred to the Subcommittee on Financial Institutions and Consumer Credit.
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