Veterans and Consumers Fair Credit Act

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Status In Committee
Sponsor John Reed
Citation 117-S-2508
Actions 5
Introduced Jul 28th, 2021
Cosponsors
14
Last Action Sep 13th, 2022
Policy Area
✓
Introduced Senate Jul 28
Senate
House
President
Enacted

Summary

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What this bill does

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Veterans and Consumers Fair Credit Act This bill applies certain military consumer credit protections to all consumers. Specifically, the bill caps the interest rate on extensions of consumer credit at 36%.

Actions

5
Senate
INTRODUCED
INTRODUCED
Jul 28, 2021
ON FLOOR
REFERRED TO COMMITTEE
COMMITTEE
COMMITTEE HEARINGS HELD
Jul 29, 2021
COMMITTEE
SUBCOMMITTEE HEARINGS HELD
Jan 5, 2022
COMMITTEE
COMMITTEE HEARINGS HELD
Sep 13, 2022
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