H.Amdt.92 - Amendment sets underwriting standards for student credit cards, including limiting credit lines to the greater of 20 percent of a students' annual income or $500 without a co-signer and requiring creditors to obtain a proof of income, income history, and credit history from college students before approving credit applications.
About This Bill
Passed
Latest Action · April 30, 2009
On agreeing to the Slaughter amendment (A003) Agreed to by recorded vote: 276 - 154 (Roll no. 225).