The End Usury Act
The "End Usury Act" is a plan to stop banks and lenders from trapping Americans in endless debt. It sets a strict 10% limit on interest rates for credit cards, loans, and payday lenders, making it illegal to charge the sky-high rates that crush working families. Student and medical debt will be allowed to be cleared through bankruptcy, and federal student loans will no longer pile up with interest. Debt collectors will be strictly limited to stop harassment and abuse. Banks or lenders caught creating money out of thin air through reckless loan practices will face heavy fines and lose all access to federal benefits. This plan makes sure money is earned through hard workânot stolen through unfair interest. In America, people should own their future, not owe it to the banks.
