15 U.S.C. § 1665e
Current through P.L. 118-107 (published on www.congress.gov on 11/21/2024)
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.
15 U.S.C. § 1665e
STATUTORY NOTES AND RELATED SUBSIDIARIES
EFFECTIVE DATESection 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.