A bill to amend the Truth in Lending Act to address certain issues relating to the extension of consumer credit, and for other purposes.
USA115th CongressS-2417| Senate
| Updated: 2/13/2018
Jeff Merkley
Democratic Senator
Oregon
Cosponsors (16)
Tammy Duckworth (Democratic)Tom Udall (Democratic)Dianne Feinstein (Democratic)Richard J. Durbin (Democratic)Edward J. Markey (Democratic)Kirsten E. Gillibrand (Democratic)Elizabeth Warren (Democratic)Kamala D. Harris (Democratic)Martin Heinrich (Democratic)Patty Murray (Democratic)Tina Smith (Democratic)Bernard Sanders (Independent)Tammy Baldwin (Democratic)Cory A. Booker (Democratic)Ron Wyden (Democratic)Richard Blumenthal (Democratic)
Banking, Housing, and Urban Affairs Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Stopping Abuse and Fraud in Electronic Lending Act of 2018 or the SAFE Lending Act of 2018 This bill amends the Electronic Fund Transfer Act and the Truth in Lending Act. The bill revises requirements related to consumer financial protection and small-dollar lending, including matters concerning remotely created checks, electronic fund transfers, registration of small-dollar lenders, overdraft fees, and the collection of personal information.
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Timeline
Introduced in Senate
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Finance and Financial Sector
Administrative law and regulatory proceduresBank accounts, deposits, capitalBanking and financial institutions regulationCongressional oversightConsumer creditConsumer Financial Protection BureauGovernment studies and investigationsIndian social and development programsInterest, dividends, interest ratesInternet and video servicesInternet, web applications, social mediaLicensing and registrationsRight of privacy
A bill to amend the Truth in Lending Act to address certain issues relating to the extension of consumer credit, and for other purposes.
USA115th CongressS-2417| Senate
| Updated: 2/13/2018
Stopping Abuse and Fraud in Electronic Lending Act of 2018 or the SAFE Lending Act of 2018 This bill amends the Electronic Fund Transfer Act and the Truth in Lending Act. The bill revises requirements related to consumer financial protection and small-dollar lending, including matters concerning remotely created checks, electronic fund transfers, registration of small-dollar lenders, overdraft fees, and the collection of personal information.
View Full TextSuggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in Senate
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Jeff Merkley
Democratic Senator
Oregon
Cosponsors (16)
Tammy Duckworth (Democratic)Tom Udall (Democratic)Dianne Feinstein (Democratic)Richard J. Durbin (Democratic)Edward J. Markey (Democratic)Kirsten E. Gillibrand (Democratic)Elizabeth Warren (Democratic)Kamala D. Harris (Democratic)Martin Heinrich (Democratic)Patty Murray (Democratic)Tina Smith (Democratic)Bernard Sanders (Independent)Tammy Baldwin (Democratic)Cory A. Booker (Democratic)Ron Wyden (Democratic)Richard Blumenthal (Democratic)
Banking, Housing, and Urban Affairs Committee
Finance and Financial Sector
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Administrative law and regulatory proceduresBank accounts, deposits, capitalBanking and financial institutions regulationCongressional oversightConsumer creditConsumer Financial Protection BureauGovernment studies and investigationsIndian social and development programsInterest, dividends, interest ratesInternet and video servicesInternet, web applications, social mediaLicensing and registrationsRight of privacy