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15 U.S.C. · Commerce and Trade
15 U.S.C. § 1665e

Consideration of ability to repay

Ch. 41 — CONSUMER CREDIT PROTECTION
Title 15 U.S.C. ● ACTIVE Primary Source Ch. 41
Statutory Text

15 U.S.C. § 1665e — Consideration of ability to repay

U.S.C. Title 15 - COMMERCE AND TRADE 15 U.S.C. United States Code, 2023 Edition Title 15 - COMMERCE AND TRADE CHAPTER 41 - CONSUMER CREDIT PROTECTION SUBCHAPTER I - CONSUMER CREDIT COST DISCLOSURE Part C - Credit Advertising and Limits on Credit Card Fees Sec. 1665e - Consideration of ability to repay From the U.S. Government Publishing Office, www.gpo.gov

§1665e. Consideration of ability to repay

A card issuer may not open any credit card account for any consumer under an open end consumer credit plan, or increase any credit limit applicable to such account, unless the card issuer considers the ability of the consumer to make the required payments under the terms of such account.

(Pub. L. 90–321, title I, §150, as added Pub. L. 111–24, title I, §109(a), May 22, 2009, 123 Stat. 1743.)

Statutory Notes and Related Subsidiaries

Effective Date Section effective 9 months after May 22, 2009, except as otherwise specifically provided, see section 3 of Pub. L. 111–24, set out as an Effective Date of 2009 Amendment note under section 1602 of this title.

Source: uscode.house.gov — public domain Official Source ↗
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BS-USC15-SEC-184366
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boisestandard.org
Citation
15 U.S.C. § 1665e
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The statutory text of 15 U.S.C. § 1665e is reproduced from the official United States Code as published by the Office of the Law Revision Counsel of the U.S. House of Representatives (uscode.house.gov).
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← 15 U.S.C. § 1665d 15 U.S.C. § 1666 →
Ch. 41 — CONSUMER CREDIT PROTECTION
15 U.S.C. § 160115 U.S.C. § 160215 U.S.C. § 160315 U.S.C. § 160415 U.S.C. § 160515 U.S.C. § 160615 U.S.C. § 160715 U.S.C. § 160815 U.S.C. § 160915 U.S.C. § 161015 U.S.C. § 161115 U.S.C. § 161215 U.S.C. § 161315 U.S.C. § 161415 U.S.C. § 161515 U.S.C. § 161615 U.S.C. § 163115 U.S.C. § 163215 U.S.C. § 163315 U.S.C. § 163415 U.S.C. § 163515 U.S.C. § 163615 U.S.C. § 163715 U.S.C. § 1637a15 U.S.C. § 163815 U.S.C. § 1638a15 U.S.C. § 163915 U.S.C. § 1639a15 U.S.C. § 1639b15 U.S.C. § 1639c
15 U.S.C. — public domain ← All Legislation
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