Protecting Consumers from Unreasonable Credit Rates Act of 2025

[AI summary unavailable — showing source text] [Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [S. 2781 Introduced in Senate (IS)] <DOC> 119th CONGRESS 1st Session S. 2781 To amend the Truth in Lending Act to establish a national usury rate for consumer credit transactions. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES September 11, 2025 Mr. Durbin (for himself, Mr. Blumenthal, and Mr. Whitehouse) introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs _______________________________________________________________________ A BILL To amend the Truth in Lending Act to establish a national usury rate for consumer credit transactions. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Protecting Consumers from Unreasonable Credit Rates Act of 2025''. SEC. 2. FINDINGS. Congress finds that-- (1) attempts have been made to prohibit usurious interest rates in America since colonial times; (2) at the Federal level, in 2006, Congress enacted a Federal 36-percen…