# 117-hr-5974: Veterans and Consumers Fair Credit Act

117-hr-5974, Veterans and Consumers Fair Credit Act, is a 117th Congress bill sponsored by Rep. García, Jesús G. "Chuy" [D-IL-4] (D-IL); status Referred to the House Committee on Financial Services. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/117-hr-5974
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 117-hr-5974
- Congress: 117
- Title: Veterans and Consumers Fair Credit Act
- Status: Referred to the House Committee on Financial Services.
- Introduced: 2021-11-15
- Sponsor: Rep. García, Jesús G. "Chuy" [D-IL-4] (D-IL)
- Cosponsors: 26
- Policy area: Finance and Financial Sector
- Touches household money: no
- Last recorded action: 2025-11-18

## 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%.

## Cosponsors (26)

- Rep. Grothman, Glenn [R-WI-6] (R-WI), 2021-11-15T00:00:00.000Z
- Rep. Blumenauer, Earl [D-OR-3] (D-OR), 2021-11-15T00:00:00.000Z
- Rep. Bonamici, Suzanne [D-OR-1] (D-OR), 2021-11-15T00:00:00.000Z
- Rep. Carson, André [D-IN-7] (D-IN), 2021-11-15T00:00:00.000Z
- Rep. Davis, Danny K. [D-IL-7] (D-IL), 2021-11-15T00:00:00.000Z
- Rep. Garcia, Sylvia R. [D-TX-29] (D-TX), 2021-11-15T00:00:00.000Z
- Rep. Jackson Lee, Sheila [D-TX-18] (D-TX), 2021-11-15T00:00:00.000Z
- Rep. Krishnamoorthi, Raja [D-IL-8] (D-IL), 2021-11-15T00:00:00.000Z
- Rep. Lieu, Ted [D-CA-36] (D-CA), 2021-11-15T00:00:00.000Z
- Rep. Lowenthal, Alan S. [D-CA-47] (D-CA), 2021-11-15T00:00:00.000Z
- Rep. Maloney, Carolyn B. [D-NY-12] (D-NY), 2021-11-15T00:00:00.000Z
- Rep. Payne, Donald M., Jr. [D-NJ-10] (D-NJ), 2021-11-15T00:00:00.000Z
- Rep. Pocan, Mark [D-WI-2] (D-WI), 2021-11-15T00:00:00.000Z
- Rep. Tlaib, Rashida [D-MI-12] (D-MI), 2021-11-15T00:00:00.000Z
- Rep. Watson Coleman, Bonnie [D-NJ-12] (D-NJ), 2021-11-15T00:00:00.000Z
- Del. Norton, Eleanor Holmes [D-DC-At Large] (D-DC), 2021-11-15T00:00:00.000Z
- Rep. Chu, Judy [D-CA-28] (D-CA), 2021-12-08T00:00:00.000Z
- Rep. Evans, Dwight [D-PA-3] (D-PA), 2021-12-08T00:00:00.000Z
- Rep. McNerney, Jerry [D-CA-9] (D-CA), 2022-02-01T00:00:00.000Z
- Rep. Castor, Kathy [D-FL-14] (D-FL), 2022-02-09T00:00:00.000Z
- Rep. Cohen, Steve [D-TN-9] (D-TN), 2022-02-09T00:00:00.000Z
- Rep. Omar, Ilhan [D-MN-5] (D-MN), 2022-02-11T00:00:00.000Z
- Rep. Levin, Andy [D-MI-9] (D-MI), 2022-02-18T00:00:00.000Z
- Rep. Jones, Mondaire [D-NY-17] (D-NY), 2022-02-28T00:00:00.000Z
- Rep. Raskin, Jamie [D-MD-8] (D-MD), 2022-02-28T00:00:00.000Z
- Rep. Mfume, Kweisi [D-MD-7] (D-MD), 2022-03-07T00:00:00.000Z

## Related bills

- 117-hr-1916: Ensuring Lasting Smiles Act
- 117-hr-1012: ‘Six Triple Eight’ Congressional Gold Medal Act of 2021
- 117-hr-1842: Harriet Tubman Bicentennial Commemorative Coin Act
- 117-hres-1152: Condemning the atrocity that occurred in Buffalo, New York, on May 14, 2022, in which 10 Americans were killed and 3 were injured, and in which 11 of the 13 vi…
- 117-hr-7910: Protecting Our Kids Act
- 117-hr-6860: Latonya Reeves Freedom Act of 2022

## Sources
- [117-hr-5974 on Congress.gov](https://www.congress.gov/bill/117th-congress/house-bill/5974)

## Related
- [117-hr-1916: Ensuring Lasting Smiles Act](https://policyrisk.com/legislation/117-hr-1916)
- [117-hr-1012: ‘Six Triple Eight’ Congressional Gold Medal Act of 2021](https://policyrisk.com/legislation/117-hr-1012)
- [117-hr-1842: Harriet Tubman Bicentennial Commemorative Coin Act](https://policyrisk.com/legislation/117-hr-1842)
- [117-hres-1152: Condemning the atrocity that occurred in Buffalo, New York, on May 14, 2022, in…](https://policyrisk.com/legislation/117-hres-1152)
- [117-hr-7910: Protecting Our Kids Act](https://policyrisk.com/legislation/117-hr-7910)
- [117-hr-6860: Latonya Reeves Freedom Act of 2022](https://policyrisk.com/legislation/117-hr-6860)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/117-hr-5974 (as of 2025-11-18).