15 USC 1646 - Dissemination of annual percentage rates; implementation, etc.

U.S Code last checked for updates: Nov 23, 2024

§ 1646.

Dissemination of annual percentage rates; implementation, etc.

(a)

Annual percentage rates

(b)

Credit card price and availability information

(1)

Collection required

(2)

Sample requirements

The broad sample of financial institutions required under paragraph (1) shall include—

(A)

the 25 largest issuers of credit cards; and

(B)

not less than 125 additional financial institutions selected by the Bureau in a manner that ensures—

(i)

an equitable geographical distribution within the sample; and

(ii)

the representation of a wide spectrum of institutions within the sample.

(3)

Report of information from sample

(4)

Public availability of collected information; report to Congress

The Bureau shall—

(A)

make the information collected pursuant to this subsection available to the public upon request; and

(B)

report such information semiannually to Congress.

(c)

Implementation

(Pub. L. 90–321, title I, § 136, as added Pub. L. 96–221, title VI, § 618(a), Mar. 31, 1980, 94 Stat. 183; amended Pub. L. 100–583, § 5, Nov. 3, 1988, 102 Stat. 2967; Pub. L. 111–203, title X, § 1100A(2), July 21, 2010, 124 Stat. 2107.)

cite as: 15 USC 1646