# 115-hr-3760: Protecting Consumers from Unreasonable Credit Rates Act of 2017

115-hr-3760, Protecting Consumers from Unreasonable Credit Rates Act of 2017, is a 115th Congress bill sponsored by Rep. Cartwright, Matt [D-PA-8] (D-PA); status Referred to the House Committee on Financial Services. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/115-hr-3760
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 115-hr-3760
- Congress: 115
- Title: Protecting Consumers from Unreasonable Credit Rates Act of 2017
- Status: Referred to the House Committee on Financial Services.
- Introduced: 2017-09-13
- Sponsor: Rep. Cartwright, Matt [D-PA-8] (D-PA)
- Cosponsors: 22
- Policy area: Finance and Financial Sector
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Protecting Consumers from Unreasonable Credit Rates Act of 2017 This bill amends the Truth in Lending Act to prohibit a creditor from extending credit to a consumer under an open end consumer credit plan (credit card) for which the fee and interest rate exceeds 36%. The bill also sets forth criminal penalties for violations and empowers state Attorneys General to enforce the bill. Credit card billing statements must include the fee and interest rate, displayed as "FAIR," instead of the total finance charge expressed as an annual percentage rate (APR).

## Cosponsors (22)

- Rep. Cohen, Steve [D-TN-9] (D-TN), 2017-09-13T00:00:00.000Z
- Rep. Lynch, Stephen F. [D-MA-8] (D-MA), 2017-09-13T00:00:00.000Z
- MICHAEL CAPUANO (D-MA), 2017-09-13T00:00:00.000Z
- Rep. Jackson Lee, Sheila [D-TX-18] (D-TX), 2017-09-13T00:00:00.000Z
- Rep. Kelly, Robin L. [D-IL-2] (D-IL), 2017-09-13T00:00:00.000Z
- ELIJAH CUMMINGS (D-MD), 2017-09-13T00:00:00.000Z
- Rep. Langevin, James R. [D-RI-2] (D-RI), 2017-09-13T00:00:00.000Z
- Rep. Tsongas, Niki [D-MA-3] (D-MA), 2017-09-13T00:00:00.000Z
- Del. Norton, Eleanor Holmes [D-DC-At Large] (D-DC), 2017-09-13T00:00:00.000Z
- Rep. Ellison, Keith [D-MN-5] (D-MN), 2017-09-13T00:00:00.000Z
- Rep. Pocan, Mark [D-WI-2] (D-WI), 2017-09-13T00:00:00.000Z
- Rep. Clark, Katherine M. [D-MA-5] (D-MA), 2017-09-13T00:00:00.000Z
- Rep. Schakowsky, Janice D. [D-IL-9] (D-IL), 2017-09-13T00:00:00.000Z
- Rep. Takano, Mark [D-CA-39] (D-CA), 2017-09-13T00:00:00.000Z
- Rep. Price, David E. [D-NC-4] (D-NC), 2017-09-13T00:00:00.000Z
- Rep. Eshoo, Anna G. [D-CA-16] (D-CA), 2017-09-13T00:00:00.000Z
- Rep. Grijalva, Raúl M. [D-AZ-7] (D-AZ), 2017-09-25T00:00:00.000Z
- Rep. Yarmuth, John A. [D-KY-3] (D-KY), 2017-10-25T00:00:00.000Z
- Rep. DeSaulnier, Mark [D-CA-10] (D-CA), 2017-11-03T00:00:00.000Z
- Rep. DeFazio, Peter A. [D-OR-4] (D-OR), 2017-11-09T00:00:00.000Z
- Rep. Pingree, Chellie [D-ME-1] (D-ME), 2017-11-16T00:00:00.000Z
- Rep. Lofgren, Zoe [D-CA-18] (D-CA), 2018-05-09T00:00:00.000Z

## Related bills

- 115-hr-6135: Keep Families Together Act
- 115-hr-4240: Public Safety and Second Amendment Rights Protection Act of 2017
- 115-hr-3947: Automatic Gunfire Prevention Act
- 115-hr-3440: Dream Act of 2017
- 115-hr-3222: Do No Harm Act
- 115-hr-1235: Naismith Memorial Basketball Hall of Fame Commemorative Coin Act

## Sources
- [115-hr-3760 on Congress.gov](https://www.congress.gov/bill/115th-congress/house-bill/3760)

## Related
- [115-hr-6135: Keep Families Together Act](https://policyrisk.com/legislation/115-hr-6135)
- [115-hr-4240: Public Safety and Second Amendment Rights Protection Act of 2017](https://policyrisk.com/legislation/115-hr-4240)
- [115-hr-3947: Automatic Gunfire Prevention Act](https://policyrisk.com/legislation/115-hr-3947)
- [115-hr-3440: Dream Act of 2017](https://policyrisk.com/legislation/115-hr-3440)
- [115-hr-3222: Do No Harm Act](https://policyrisk.com/legislation/115-hr-3222)
- [115-hr-1235: Naismith Memorial Basketball Hall of Fame Commemorative Coin Act](https://policyrisk.com/legislation/115-hr-1235)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/115-hr-3760 (as of 2025-11-18).