Abstract
Obtaining credit through the use of bank credit cards, apart of everyday life for most Americans, is becoming more expensive. Today, interest rates are rising, banks want less government control, and consumers want easy credit at a low price. These often conflicting demands have challenged state and federal legislatures to change the laws that govern credit card interest rates. This article examines Maryland's response in light of federal law and the law of other states.
Recommended Citation
Froelicher, Hans IV
(1982)
"Legislation: Bank Credit Card Interest Rates in Maryland: How High Can They Go?,"
University of Baltimore Law Review: Vol. 11:
Iss.
3, Article 10.
Available at:
https://scholarworks.law.ubalt.edu/ublr/vol11/iss3/10