S. 2508 · 117th Congress · Senate

Veterans and Consumers Fair Credit Act

Active· Committee on Banking, Housing, and Urban Affairs. Hearings held.
Introduced
Jul 28, 21
Passed Senate
Pending
Passed House
Pending
Sent to President
Pending
Signed into Law
Pending

Executive 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%.

Action Timeline

5
  1. SEP 13, 2022•Committee

    Committee on Banking, Housing, and Urban Affairs. Hearings held.

  2. JAN 05, 2022•Committee

    Committee on Banking, Housing, and Urban Affairs Subcommittee on Housing, Transportation, and Community Development. Hearings held.

  3. JUL 29, 2021•Committee

    Committee on Banking, Housing, and Urban Affairs. Hearings held.

  4. JUL 28, 2021•IntroReferral

    Introduced in Senate

  5. JUL 28, 2021•IntroReferral

    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs

    (Sponsor introductory remarks on measure: CR S5143)

Committees

4

Banking, Housing, and Urban Affairs Committee

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Referred: Sep 13, 2022

Active

Housing, Transportation, and Community Development Subcommittee

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Referred: Jan 5, 2022

Active

Banking, Housing, and Urban Affairs Committee

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Referred: Jul 29, 2021

Active

Banking, Housing, and Urban Affairs Committee

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Referred: Jul 28, 2021

Active