The Act, which has been introduced in the House (H.R. 5050) and Senate (S. 2833), would impose a 36% national usury limit on most forms of consumer credit. Bill Himpler responds to claims that the rate limit will not reduce credit access for creditworthy consumers and discusses relevant studies, the bill’s status and political prospects, AFSA’s efforts to educate lawmakers and their staff about consumer finance, and other current federal and state issues of concern to industry members.

Our podcast with Bill provides a counterpoint to our recent podcast with Chris Peterson, the bill’s drafter. Click here to listen to our podcast with Chris.

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