Search Results for keywords:"expanding access to lending options act"

Search Results: keywords:"expanding access to lending options act"

H. R. 6933 — To provide the National Credit Union Administration Board flexibility to increase Federal credit union loan maturities, and for other purposes.
January 10, 2024
Status:Introduced in House
Congress:118
Words:306
H. R. 6933 is a bill that aims to give more flexibility to the National Credit Union Administration (NCUA) Board by allowing them to increase the maximum loan period for federal credit unions from 15 to 20 years. The bill emphasizes the importance of safety and soundness in...
Simple Explanation
H. R. 6933 is a bill that lets the people in charge of credit unions give out loans for a longer time, up to 20 years instead of 15, which might help people have more time to pay back money they borrow.

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