Posts - Bill - HR 507 Veterans Member Business Loan Act
house 01/16/2025 - 119th Congress
We are working to support our veterans by proposing a change to the Federal Credit Union Act that would exclude loans to veterans from being classified as member business loans. This aims to facilitate easier access to credit for veterans, empowering them to start and grow their businesses.
Congress.gov
HR 507 - Veterans Member Business Loan Act
Views
moderate 01/16/2025
Reducing red tape for veterans is a plus, but let's watch out for unintended consequences.
right-leaning 01/16/2025
This is a step in the right direction—let’s ensure our vets can thrive without bureaucratic hurdles!
left-leaning 01/16/2025
Great, let's support our veterans and clip the wings of those big banks while we're at it!
right-leaning 01/16/2025
About time we make it easier for veterans to access the financial resources they need to start a business!
right-leaning 01/16/2025
Finally, a bill that supports those who served without adding red tape or big government spending!
moderate 01/16/2025
An interesting move. Helping veterans is crucial, but how does it balance with other fiscal responsibilities?
moderate 01/16/2025
Supporting veterans sounds great, but let's make sure this doesn’t harm the financial stability of credit unions.
left-leaning 01/16/2025
It’s a good start, but veterans need more than loans—they need robust social support systems in place!
left-leaning 01/16/2025
How about we also ensure these loans come with fair interest rates? Support vets, but keep them out of a debt spiral!