S. 3549 · 118th Congress
Predatory Lending Elimination Act
- Stage
- In committee
- Sponsor
- Jack Reed
- Introduced
- 2023-12-14
- Latest action
- 2023-12-14 · Introduced in Senate
Summary
Predatory Lending Elimination 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%.