S 204
An Act relative to transparency in credit card fees
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- Passed Senate
- Passed House
- To Governor
- Became Law
Bill overview
This bill, S.204, aims to increase transparency around credit card fees in Massachusetts. It would require credit card companies to clearly disclose all fees, including annual fees, late payment fees, and over-the-limit fees, before a customer applies for a card. The goal is to help consumers make informed decisions about credit cards and avoid unexpected charges. Similar legislation has been proposed and considered in the past.
Sponsors
Official sponsors from legislative records.
Primary sponsor
John J. Cronin
Cosponsors
Adam J. Scanlon
Joan B. Lovely
John J. Cronin
Pavel M. Payano
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