A633 — Limits overlimit fee assessed by issuer of credit or debit cards.

A633 — Limits overlimit fee assessed by issuer of credit or debit cards. · Informed CitizenryThis act establishes definitions for terms such as "Consumer," "Credit card," "Debit card," "Issuer," and "Overlimit fee." It mandates that an issuer cannot charge a credit card holder an overlimit…Open in Informed Citizenry