Summary: H.R.5050 — 116th Congress (2019-2020)All Information (Except Text)

There is one summary for H.R.5050. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (11/12/2019)

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%.