Fair Credit for Farmers Act of 2025

The Fair Credit for Farmers Act of 2025 provides financial relief to eligible farmers and ranchers who are struggling with loan payments. It offers a 2-year payment deferral on direct farm loans for covered producers (including limited resource, socially disadvantaged, beginning, and veteran farmers), extends loan maturity dates by 2 years, and sets interest rates at 0.125% during the deferral period. The bill also requires lenders to waive guarantee fees on loans for covered producers and makes several reforms to farm loan programs, including improved transparency in adverse decisions and new equitable relief options for farmers wrongly denied loans. These changes aim to make farm lending more accessible and fair for struggling agricultural producers.