H.R. 4167: Expanding Access to Lending Options Act

H.R. 4167 is a federal bill in the 119th Congress. Currently federal credit unions are limited to offering loans with a maximum repayment period of fifteen years. This bill changes the rule to allow repayment periods of up to twenty years, and gives the National Credit Union Administration Board the… See its sponsors, how members voted, and a plain-English breakdown on PolityLens.