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- S.2508
S.2508: Veterans and Consumers Fair Credit Act
About This Bill
- Introduced July 28, 2021
- Latest Major Action Sept. 13, 2022
- See the three similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
14 (All Democrats)
Bill Version
- Introduced in Senate - July 28, 2021
Bill 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%.
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| Sept. 13, 2022 |
Committee on Banking, Housing, and Urban Affairs. Hearings held.
|
| Jan. 5, 2022 |
Committee on Banking, Housing, and Urban Affairs Subcommittee on Housing, Transportation, and Community Development. Hearings held.
|
| July 29, 2021 |
Committee on Banking, Housing, and Urban Affairs. Hearings held.
|
| July 28, 2021 |
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
|
| July 28, 2021 |
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S5143)
|
| July 28, 2021 |
Introduced in the Senate by Jack Reed (D-R.I.) |