THE TESTIMONY WAS PRESENTED DURING 4 DAYS OF HEARINGS IN SEPTEMBER 1977. THE SUBCOMMITTEE WAS CONSIDERING A BILL TO AMEND THE CONSUMER CREDIT PROTECTION ACT BY PROVIDING SAFEGUARDS TO CONSUMERS IN THE USE OF CREDIT CARDS AND ELECTRONIC FUNDS TRANSFER SERVICES. INCLUDED IN PART 2 OF THE RECORD IS THE TESTIMONY OF REPRESENTATIVES OF BANK CREDIT CARD COMPANIES, WHO GENERALLY OPPOSE THE BILL'S CREDIT CARD PROVISIONS (INCLUDING ONE THAT WOULD REQUIRE BANK CARD COMPANIES TO INCLUDE EXACT COPIES OF EACH SALES SLIP WITH MONTHLY BILLINGS); OFFICIALS OF FEDERAL AGENCIES WITH AN INTEREST IN ELECTRONIC FUNDS TRANSFER (FEDERAL HOME LOAN BANK BOARD, COMPTROLLER OF THE CURRENCY, FINANCIAL AND GENERAL MANAGEMENT STUDIES DIVISION OF THE GENERAL ACCOUNTING OFFICE); REPRESENTATIVES OF CONSUMER GROUPS AND AGENCIES IN TEXAS, CALIFORNIA, MASSACHUSETTS, NEW YORK, AND MAINE; AND REPRESENTATIVES OF THE RETAIL INDUSTRY. THE TRANSCRIPT OF THE TESTIMONY IS ACCOMPANIED BY COPIES OF THE WITNESS' WRITTEN STATEMENTS, TOGETHER WITH ADDITIONAL MATERIALS SUBMITTED FOR INCLUSION IN THE RECORD. SEE NCJ-55911 FOR PART 1 OF THE RECORD AND NCJ-55913-55915 FOR PARTS 3-5. (LKM).