Virginia House Bill 725: Financial services; open-end credit plans, promotional annual percentage rates.

Virginia · 2026 Regular Session

What it does

Financial services; open-end credit plans; promotional annual percentage rates. Requires any creditor that permits a consumer to apply more than one promotional annual percentage rate to an open-end credit contract or plan to apply any payment made by the consumer to the promotional balance, as defined in the bill, with the earliest expiration date unless otherwise expressly agreed in writing by the parties.

Latest action

Left in Labor and Commerce (2026-02-18)

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