UNSOLICITED CREDIT CARDS AND CHECKS BILL

By Bob Katzen

A bill that would prohibit a consumer from being liable for any debt incurred by the unauthorized use, by someone other than the recipient, of unsolicited credit cards, checks and vouchers sent by banks was given initial approval by the House on June 23, 2017.

These items, sent to consumers by banks and other financial institutions, can be used instantly but are actually loans which must be repaid. The bill is stuck in the Committee on Bills in Third Reading.

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