S. 780, titled the "SAFE Lending Act of 2025," aims to enhance consumer protections in the area of small-dollar lending. It proposes amendments to the Truth in Lending Act and the Electronic Fund Transfer Act to increase transparency, prevent unauthorized electronic...
S. 780 is like a rulebook that tries to make borrowing money safer for people. It teaches loan companies to be clearer about costs, stops them from charging hidden fees, and checks if they follow the rules.
H. R. 1658 aims to amend the Truth in Lending Act to enhance consumer protections related to lending and electronic fund transfers. It restricts the use of unauthorized checks and requires lenders offering small-dollar loans to register with the Bureau. Additionally, it bans...
H. R. 1658 wants to make borrowing money safer for people by stopping sneaky charges and making rules to keep their money safe, especially for small loans and prepaid cards, while also figuring out how lending affects Native American areas.
H. R. 9679, titled the "SAFE Lending Act of 2024," aims to amend the Truth in Lending Act to improve consumer protections in the extension of credit. It proposes new rules to limit the use of unauthorized remotely created checks, enhance transparency and consumer empowerment in small-dollar...
The "SAFE Lending Act of 2024" tries to make borrowing money safer by setting rules to stop sneaky tricks and hidden fees, and it wants to make it clearer and fairer when people get small loans.
S. 5129, titled the "SAFE Lending Act of 2024," aims to enhance consumer protections in electronic lending. It amends the Truth in Lending Act and the Electronic Fund Transfer Act to prevent unauthorized use of remotely created checks and ensure transparency in small-dollar...
The SAFE Lending Act of 2024 is like a set of new rules to make sure when people borrow small amounts of money online, the process is fair and clear, so they don't end up with surprise fees or tricky situations. It sets up guidelines for lenders to be honest, especially when loans happen over the internet, and helps to keep people's money details private and safe.
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