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S 2833 116th Congress Senate Finance and Financial Sector Administrative law and regulatory procedures Banking and financial institutions regulation Civil actions and liability Congressional oversight Consumer Financial Protection Bureau Consumer affairs Consumer credit Department of Defense Financial services and investments Government information and archives Interest, dividends, interest rates Military personnel and dependents State and local government operations

Veterans and Consumers Fair Credit Act

Introduced: November 12, 2019 Introduced by: Merkley, Jeff Democratic · Oregon See on congress.gov
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This bill died when the 116th Congress ended
It never became law before the 116th Congress (2019–2020) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 12, 2019
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Nov 12, 2019
Introduced in Senate
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 Plain-English summary Congressional Research Service

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%.

What's happening now November 12, 2019

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

 Related & companion bills 1
  • HR 5050 Identical bill Veterans and Consumers Fair Credit Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 7
All 7 Democratic 7
D
Smith, Tina
Minnesota · Sep 8, 2020
 D
Booker, Cory A.
New Jersey · Jun 15, 2020
 D
Baldwin, Tammy
Wisconsin · Dec 11, 2019
 D
Cortez Masto, Catherine
Nevada · Nov 21, 2019
 D
Blumenthal, Richard
Connecticut · Nov 19, 2019
 D
Reed, Jack
Rhode Island · Nov 12, 2019
 D
Van Hollen, Chris
Maryland · Nov 12, 2019
Cite this page click to expand
APA
U.S. Congress. (2026). S. 2833: Veterans and Consumers Fair Credit Act. 116th Congress. Open America. https://openamerica.io/bill/116-S-2833/
MLA
"S. 2833: Veterans and Consumers Fair Credit Act." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-S-2833/.
Bluebook (legal)
S. 2833, 116th Cong. (2026), https://openamerica.io/bill/116-S-2833/.
Markdown link
[S. 2833: Veterans and Consumers Fair Credit Act](https://openamerica.io/bill/116-S-2833/)
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