CREDIT CARD COLLECTION AGENCIES

15th Congress
Senate Resolution No. 421
CREDIT CARD COLLECTION AGENCIES

RESOLUTION URGING THE SENATE COMMITTEE ON BANKS, FINANCIAL INSTITUTIONS AND CURRENCIES TO CONDUCT AN INVESTIGATION, IN AID OF LEGISLATION, INTO THE REPORTED UNFAIR PRACTICES AND RUDE CONDUCT OF CREDIT CARD COLLECTION AGENCIES, EXCESSIVE INTERESTS IMPOSED AND THE BREACH OF CONFIDENTIALITY OF CARDHOLDER'S INFORMATION BY CREDIT CARD COMPANIES WITH THE END IN VIEW OF REVIEWING AND STRENGTHENING MEASURES FOR THE PROTECTION OF CONSUMERS' WELFARE