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Protections in Consumer Lending Act

USA116th CongressS-1205| Senate 
| Updated: 4/11/2019
Kirsten E. Gillibrand

Kirsten E. Gillibrand

Democratic Senator

New York

Cosponsors (3)
Amy Klobuchar (Democratic)Ron Wyden (Democratic)Richard Blumenthal (Democratic)

Banking, Housing, and Urban Affairs 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
Introduced in Senate
Apr 11, 2019
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Apr 15, 2019

Latest Companion Bill Action

HR 116-2324
Introduced in House
  • April 11, 2019
    Introduced in Senate


  • April 11, 2019
    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.


  • April 15, 2019

    Latest Companion Bill Action

    HR 116-2324
    Introduced in House

Finance and Financial Sector

Related Bills

  • HR 116-2324: 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 CongressS-1205| Senate 
| Updated: 4/11/2019
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
Introduced in Senate
Apr 11, 2019
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Apr 15, 2019

Latest Companion Bill Action

HR 116-2324
Introduced in House
  • April 11, 2019
    Introduced in Senate


  • April 11, 2019
    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.


  • April 15, 2019

    Latest Companion Bill Action

    HR 116-2324
    Introduced in House
Kirsten E. Gillibrand

Kirsten E. Gillibrand

Democratic Senator

New York

Cosponsors (3)
Amy Klobuchar (Democratic)Ron Wyden (Democratic)Richard Blumenthal (Democratic)

Banking, Housing, and Urban Affairs Committee

Finance and Financial Sector

Related Bills

  • HR 116-2324: 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