Protecting Consumers' Access to Credit Act of 2017
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in senate (Jul 27, 2017)
Protecting Consumers' Access to Credit Act of 2017
This bill amends the Revised Statutes, the Home Owners' Loan Act, the Federal Credit Union Act, and the Federal Deposit Insurance Act to state that bank loans that are valid when made as to their maximum rate of interest in accordance with federal law shall remain valid with respect to that rate regardless of whether a bank has subsequently sold or assigned the loan to a third party.
What just happenedJul 27, 2017
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Who’s behind it
- Introduced in SenateJul 27, 2017
- Jul 27, 2017IntroReferral
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Banking, Housing, and Urban Affairs Committee - Jul 27, 2017IntroReferral10000
Introduced in Senate