INACCURATE AND UNFAIR BILLING PRACTICES

HEARINGS

BEFORE THE

SUBCOMMITTEE ON CONSUMER CREDIT

OF THE

COMMITTEE ON
BANKING, HOUSING AND URBAN AFFAIRS

UNITED STATES SENATE

NINETY-THIRD CONGRESS

FIRST SESSION

ON

S. 1630 and S. 914
TO AMEND THE TRUTH IN LENDING ACT TO PROTECT
CONSUMERS AGAINST INACCURATE AND UNFAIR BILL-

ING PRACTICES, AND FOR OTHER PURPOSES

MAY 21, 22, 23, AND 24, 1973

Printed for the use of the Committee on Banking, Housing

COMMITTEE ON BANKING, HOUSING AND URBAN AFFAIRS

JOHN SPARKMAN, Alabama, Chairman WILLIAM PROXMIRE, Wisconsin

JOHN TOWER, Texas HARRISON A. WILLIAMS, JR., New Jersey WALLACE F. BENNETT, Utah THOMAS J. MCINTYRE, New Hampshire EDWARD W. BROOKE, Massachusetts ALAN CRANSTON, California

BOB PACKWOOD, Oregon
ADLAI E. STEVENSON III, Illinois

BILL BROCK, Tennessee
J. BENNETT JOHNSTON, JR., Louisiana ROBERT TAFT, JR., Ohio
WILLIAM D. HATHAWAY, Maine

LOWELL P. WEICKER, JR., Connecticut JOSEPH R. BIDEN, JR., Delaware

DUDLEY L. O'NEAL, Jr., Staf Director and General Counsel

MICHAEL E. BURNS, Minority Counsel

SUBCOMMITTEE ON CONSUMER CREDIT

WILLIAM PROXMIRE, Wisconsin, Chairman
JOHN SPARKMAN, Alabama

BILL BROCK, Tennessee
J. BENNETT JOHNSTON, JR., Louisiana WALLACE F. BENNETT, Utah
WILLIAM D. HATHAWAY, Maine

EDWARD W. BROOKE, Massachusetts
KENNETH A. MCLEAN, Professional Staf Member

(II)