S. 2508 · 117th Congress
Veterans and Consumers Fair Credit Act
- Stage
- In committee
- Sponsor
- Jack Reed
- Introduced
- 2021-07-28
- Latest action
- 2022-09-13 · Committee on Banking, Housing, and Urban Affairs. Hearings held.
Summary
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%.