HR 5974
117th Congress
House
Finance and Financial Sector
Veterans and Consumers Fair Credit Act
Introduced: November 15, 2021
Introduced by:
García, Jesús G. "Chuy"
Democratic
· Illinois
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 15, 2021
Referred to the House Committee on Financial Services.
Nov 15, 2021
Introduced in House
Plain-English 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%.
What's happening now
Referred to the House Committee on Financial Services.
Committees of jurisdiction
1