Bill extends military lending rules to all people, capping rates and fees.
H.R. 10439 — Veterans and Consumers Fair Credit Act · Filed by Glenn Grothman (R-WI) · 1 cosponsor · Introduced Sep 16, 2026 · Referred to committee
Your members of Congress
Enter a ZIP to see where your representative and both senators stood on this bill.
Looked up on this device — your ZIP is never stored on our servers.
What it does
This bill takes rules that protect active-duty military members and their families. It applies those rules to all Americans. It caps interest rates and bans certain unfair fees on most credit products. Credit card companies, payday lenders, and other businesses must follow these rules. State attorneys general and people can sue businesses that break the rules.
Who it affects
All people gain protections on interest rates and fees. State attorneys general get the power to enforce these rules. Credit card companies, payday lenders, and other businesses must change how they charge.
One thing to notice
The bill locks in a specific 2015 military lending rule. If the Department of Defense changes that rule later, this bill will not change unless Congress amends it.
From the analysis of the bill text, linked under Primary records below.
Where it stands
1 cosponsor: 1 Democrats.
- Sep 16, 2026 — Introduced · Congress.gov: “Introduced in House”
- Sep 16, 2026 — Referred to House Committee on Financial Services · Congress.gov: “Referred to the House Committee on Financial Services”
Dates and quoted wording are Congress.gov's action record; the timeline shows status changes, not every procedural step.
Words to know
- enforce — To make sure people and businesses follow the rules.
- active-duty — Currently serving in the military on a full-time basis.
How this was measured
Analysis — Quorum's AI read the bill text published by Congress.gov (7,637 characters) on Sep 23, 2026. Section numbers in the findings refer to that text, linked below; transparency and hidden-provision scores are compared against the median of 14,707 analysed bills.
Status and sponsors — Congress.gov's bill record — actions, committee referrals and cosponsors — loaded nightly. The timeline shows status changes, not every procedural action.
As of — page rendered 2026-09-23.
“Bill extends military lending rules to all people, capping rates and fees.” QuorumCivic. https://share.quorumcivic.app/bill/119/hr10439/simple Report an error