United States · Bill · S
S. 3549 (118th)
Predatory Lending Elimination Act
Introduced
14 December 2023
Last action
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Status
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S5999-6000)
Sponsors
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Subjects
Discovery layer
Source updated
27 May 2025
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%.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
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Votes
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Versions
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Documents
3 official files
Introduced in Senate (text)
Introduced in Senate · EN · 14 December 2023
Introduced in Senate (PDF)
Introduced in Senate · EN · 14 December 2023
Introduced in Senate
summary · EN · 14 December 2023
Sponsors
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Related records
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/118th-congress/senate-bill/3549
- Open data entity: https://api.congress.gov/v3/bill/118/s/3549