Credit Card Interest Rates: Hearing Before the Subcommittee on Consumer Affairs and Coinage of the Committee on Banking, Finance, and Urban Affairs, House of Representatives, Ninety-ninth Congress, First Session, on H.R. 1197, a Bill to Amend the Truth in Lending Act ... H.R. 3408 ... October 29, 1985 |
From inside the book
Results 1-5 of 100
Page
... Bank of Virginia's credit card interest rate . Report entitled , " Consumer Interest Rates Remain High As Underlying Rates Plummet " Hunt , David K. , report entitled , " Interest Rate Controls on Credit Cards - An Economic Analysis ...
... Bank of Virginia's credit card interest rate . Report entitled , " Consumer Interest Rates Remain High As Underlying Rates Plummet " Hunt , David K. , report entitled , " Interest Rate Controls on Credit Cards - An Economic Analysis ...
Page 1
... credit card interest rates . Yes , credit card interest rates have gone up , way up , but with few exceptions , financial in- stitutions have not lowered the rates they charge on credit card in- terest , even though the cost of funds to ...
... credit card interest rates . Yes , credit card interest rates have gone up , way up , but with few exceptions , financial in- stitutions have not lowered the rates they charge on credit card in- terest , even though the cost of funds to ...
Page 2
... cards could be kept down . And let's not forget that about the same time that all this was going on , most financial institutions switched their method of com- puting credit card interest costs to a newly devised system that , in effect ...
... cards could be kept down . And let's not forget that about the same time that all this was going on , most financial institutions switched their method of com- puting credit card interest costs to a newly devised system that , in effect ...
Page 3
... Banking, Finance, and Urban Affairs. Subcommittee on Consumer Affairs and ... credit cards in circulation in this country . And these are in the hands of ... card is used . If consumers are willing to put up with the high costs , then ...
... Banking, Finance, and Urban Affairs. Subcommittee on Consumer Affairs and ... credit cards in circulation in this country . And these are in the hands of ... card is used . If consumers are willing to put up with the high costs , then ...
Page 4
... credit card , so I can't cut up something I don't have . My wife doesn't have a credit card . The only people in my family that have credit cards - I am no different than any other man that has been married 49 years - my daugh- ters have ...
... credit card , so I can't cut up something I don't have . My wife doesn't have a credit card . The only people in my family that have credit cards - I am no different than any other man that has been married 49 years - my daugh- ters have ...
Other editions - View all
Common terms and phrases
American Bankers Association annual fees Arkansas average bank card bank credit card Biaggi borrowers card interest rates card users cardholders cash ceilings on credit Chairman ANNUNZIO commercial CONGRESS THE LIBRARY consumer credit cost of funds cost of money credit card accounts credit card credit credit card industry credit card interest credit card issuers credit card loans credit card market credit card operations credit card rates customers decline deregulation discount rate economic effect Federal Reserve Board finance charges finance companies finance rates forms of consumer going higher HILER increase interest rate ceilings interest rate controls J.C. Penney legislation lenders LIBRARY OF CONGRESS limit market rates marketplace MasterCard merchant discount million offer payment percent percentage points personal loans prime rate profit proposed purchase rates on credit recent retail cards retail credit cards revolving credit SCHUMER SEGER subcommittee sumer suppliers transaction Treasury bills usury ceilings variable rate
Popular passages
Page 8 - USC 695) is amended by adding at the 5 end thereof the following new subsection: 6 "(d) CAPITAL-TO-JOBS RATIO.
Page 40 - I appreciate the opportunity to appear before the subcommittee to present the views of the...
Page 252 - District where the bank is located, or at a rate of 1 per centum in excess of the discount rate on ninety-day commercial paper in effect at the Federal reserve bank in the Federal reserve district...
Page 134 - Posner, Market Power in Antitrust Cases, 94 Harv L Rev 937 (1981).
Page 137 - Stephen Breyer and Paul W. MacAvoy, "The Natural Gas Shortage and the Regulation of Natural Gas Producers,
Page 237 - Policies designed to promote competition should be given the first priority, with adjustment of rate ceilings used as a complement to expand the availability of credit. As the development of workably competitive markets decreases the need for rate ceilings to combat market power in concentrated markets, such ceilings may be raised or removed.
Page 25 - OF HON. MARIO BIAGGI, A REPRESENTATIVE IN CONGRESS FROM THE STATE OF NEW YORK Mr. BIAGGI. Thank you very much, Mr. Chairman, and thank you for your indulgence in permitting me to address the committee first, and my colleague, Mr.
Page 57 - No, sir; that is not what I am saying. What I am saying is that the...
Page 137 - Andrew S. Carron and Paul W. MacAvoy, The Decline of Service in the Regulated Industries (American Enterprise Institute for Public Policy Research, 1981).
Page 135 - Natural Monopoly and Its Regulation," 21 Stan. L. Rev. 548 (1969); Harold Demsetz, "Why Regulate Utilities?