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S. 2417

SAFE Lending Act of 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.

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Sen. Merkley, Jeff [D-OR](D-OR)Sponsor
16 cosponsors15 D1 I
16cosponsors1committees2actions1related bills13subjects
  1. IntroReferral

    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

    Banking, Housing, and Urban Affairs Committee
  2. IntroReferral10000

    Introduced in Senate

SAFE Lending Act of 2018 — Informed