Protecting Consumers from Unreasonable Credit Rates Act of 2025
In committee: it can still change before the session ends.
- Stage
- In committee
- Started in
- Senate
- Sponsors
- 3
- Latest action
- Sep 11, 2025
What it does
The Protecting Consumers from Unreasonable Credit Rates Act of 2025 would amend the Truth in Lending Act to establish a national 36 percent annualized cap on the total fee and interest rate for all consumer credit transactions, including payday loans, car title loans, overdraft fees, and online installment loans, with the rate defined to include all charges such as fees, insurance premiums, and ancillary product costs. The bill prohibits any creditor from extending credit exceeding this rate, eliminates Bureau exemptions for these limits, allows state attorneys general to enforce the law, and mandates that any payment made in violation of the cap is null and void, requiring creditors to…
No official summary is available here. This one was written by AI from the bill’s text.
Where it stands
Introduced (Done)
Committee (Current step)
Floor (Not started)
Law (Not started)
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
Where it goes next
While a bill can still move, the questions are about people and money.