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Protections in Consumer Lending Act

USA116th CongressHR-2324| House 
| Updated: 4/15/2019
Jesús G. "Chuy" García

Jesús G. "Chuy" García

Democratic Representative

Illinois

Financial Services Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Protections in Consumer Lending Act This bill requires creditors to collect specified demographic information regarding applicants for certain credit transactions (e.g., automobile loans, credit cards, and payday loans) and the outcomes of these applications. The creditor must report this information to the Consumer Financial Protection Bureau (CFPB). The CFPB must use this information to determine whether a creditor is engaging in discriminatory practices and may take enforcement action.
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Timeline
Apr 11, 2019

Latest Companion Bill Action

S 116-1205
Introduced in Senate
Apr 15, 2019
Introduced in House
Apr 15, 2019
Referred to the House Committee on Financial Services.
Apr 15, 2019
Sponsor introductory remarks on measure. (CR E471)
  • April 11, 2019

    Latest Companion Bill Action

    S 116-1205
    Introduced in Senate


  • April 15, 2019
    Introduced in House


  • April 15, 2019
    Referred to the House Committee on Financial Services.


  • April 15, 2019
    Sponsor introductory remarks on measure. (CR E471)

Finance and Financial Sector

Related Bills

  • S 116-1205: Protections in Consumer Lending Act
Age discriminationBusiness recordsCongressional oversightConsumer creditCredit and credit marketsGovernment information and archivesMarriage and family statusRacial and ethnic relationsRight of privacySex, gender, sexual orientation discrimination

Protections in Consumer Lending Act

USA116th CongressHR-2324| House 
| Updated: 4/15/2019
Protections in Consumer Lending Act This bill requires creditors to collect specified demographic information regarding applicants for certain credit transactions (e.g., automobile loans, credit cards, and payday loans) and the outcomes of these applications. The creditor must report this information to the Consumer Financial Protection Bureau (CFPB). The CFPB must use this information to determine whether a creditor is engaging in discriminatory practices and may take enforcement action.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Apr 11, 2019

Latest Companion Bill Action

S 116-1205
Introduced in Senate
Apr 15, 2019
Introduced in House
Apr 15, 2019
Referred to the House Committee on Financial Services.
Apr 15, 2019
Sponsor introductory remarks on measure. (CR E471)
  • April 11, 2019

    Latest Companion Bill Action

    S 116-1205
    Introduced in Senate


  • April 15, 2019
    Introduced in House


  • April 15, 2019
    Referred to the House Committee on Financial Services.


  • April 15, 2019
    Sponsor introductory remarks on measure. (CR E471)
Jesús G. "Chuy" García

Jesús G. "Chuy" García

Democratic Representative

Illinois

Financial Services Committee

Finance and Financial Sector

Related Bills

  • S 116-1205: Protections in Consumer Lending Act
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Age discriminationBusiness recordsCongressional oversightConsumer creditCredit and credit marketsGovernment information and archivesMarriage and family statusRacial and ethnic relationsRight of privacySex, gender, sexual orientation discrimination