Veterans and Consumers Fair Credit Act
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%.
Bill status
in committee
1 of 4 stages cleared
Introduction
Nov 2021
Committee Review
Floor Vote
President
Introduced Nov 15, 2021
Last action Nov 15, 2021
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Nov 15, 2021
Committee
Referred to the House Committee on Financial Services.
lower
Nov 15, 2021
Introduced
Introduced in House
lower
1 primary · 26 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Jesús G. "Chuy" García
DDemocratic
Co
Alan S. Lowenthal
DDemocratic
Co
André Carson
DDemocratic
Co
Andy Levin
DDemocratic
Co
Bonnie Watson Coleman
DDemocratic
Co
Carolyn B. Maloney
DDemocratic
Co
Danny K. Davis
DDemocratic
Co
Donald M. Payne, Jr.
DDemocratic
Co
Dwight Evans
DDemocratic
Co
Earl Blumenauer
DDemocratic
Co
Eleanor Holmes Norton
DDemocratic
Ask Maddy
·
AI policy assistant
Ask Maddy about HR 5974
Scope: US
Hi! I can help you understand HR 5974. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline