Predatory Lending Elimination Act

United States118th CongressS-3549Senate
Updated: Dec 14, 2023

Summary

Predatory Lending Elimination 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 texts

Available versions
Introduced (Senate)View official text

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Timeline

  1. Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S5999-6000)

    Senate

  2. Introduced in Senate

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