# 119-s-2781: Protecting Consumers from Unreasonable Credit Rates Act of 2025

119-s-2781, Protecting Consumers from Unreasonable Credit Rates Act of 2025, is a 119th Congress bill sponsored by Sen. Durbin, Richard J. [D-IL] (D-IL); status introduced; PRIA reads it as touching household money (as of 2026-04-21).

- Canonical: https://policyrisk.com/legislation/119-s-2781
- As of: 2026-04-21
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-s-2781
- Congress: 119
- Title: Protecting Consumers from Unreasonable Credit Rates Act of 2025
- Status: introduced
- Introduced: 2025-09-11
- Sponsor: Sen. Durbin, Richard J. [D-IL] (D-IL)
- Cosponsors: 2
- Policy area: Finance and Financial Sector
- Touches household money: yes
- Last recorded action: 2026-04-21

## Summary

**A 36 percent cap on the total cost of consumer credit** would limit how much interest and fees lenders can charge by counting almost all charges toward a single annualized rate.

## Cosponsors (2)

- Sen. Blumenthal, Richard [D-CT] (D-CT), 2025-09-11T00:00:00.000Z
- Sen. Whitehouse, Sheldon [D-RI] (D-RI), 2025-09-11T00:00:00.000Z

## Provisions PRIA read

- Penalties and refunds for rate violations: benefit, high. If enacted, payments on loans that break the 36% cap would be void and unenforceable. The creditor or any later holder would have to promptly return the principal, interest, charges, fees, and any security interest to the consumer. Violations could be raised at any time as a defense, and criminal p…
- 36% cap on consumer credit costs: benefit, medium. If enacted, the bill would bar consumer credit with a combined fee-and-interest rate above 36 percent. The rule would apply to any credit to a consumer and counts almost all charges when measuring the rate. Some small fees for installment loans could be excluded only under tight rules: application/…
- New FAIR rate calculation and disclosure: benefit, medium. If enacted, the bill would set standard formulas to compute the new combined fee-and-interest rate (called the FAIR rate). For open-end plans, it would annualize fees by dividing the last 12 months of fees by the average daily balance, or scale charges if the account is under 12 months. For closed-…

## Related bills

- 119-s-5071: Children's Safe Welcome Act of 2026
- 119-s-3990: PrEP Access and Coverage Act of 2026
- 119-s-2823: FAMILY Act
- 119-s-2763: Keep Billionaires Out of Social Security Act
- 119-s-3869: Healthy Families Act
- 119-s-51: Washington, D.C. Admission Act

## Sources
- [119-s-2781 on Congress.gov](https://www.congress.gov/bill/119th-congress/senate-bill/2781)

## Related
- [119-s-5071: Children's Safe Welcome Act of 2026](https://policyrisk.com/legislation/119-s-5071)
- [119-s-3990: PrEP Access and Coverage Act of 2026](https://policyrisk.com/legislation/119-s-3990)
- [119-s-2823: FAMILY Act](https://policyrisk.com/legislation/119-s-2823)
- [119-s-2763: Keep Billionaires Out of Social Security Act](https://policyrisk.com/legislation/119-s-2763)
- [119-s-3869: Healthy Families Act](https://policyrisk.com/legislation/119-s-3869)
- [119-s-51: Washington, D.C. Admission Act](https://policyrisk.com/legislation/119-s-51)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-s-2781 (as of 2026-04-21).