H.R.1058: Unsolicited Loan Check Consumer Protection Act of 2001

About This Bill

Bill Summary

Unsolicited Loan Check Consumer Protection Act of 2001 - Amends the Consumer Credit Protection Act to prohibit loan solicitations to consumers that are accompanied by a negotiable instrument (unsolicited loan checks), unless such solicitations are in response to a prior consumer request for an extension of credit.Declares that such consumers are not liable for the amount of any negotiable instrument sent in violation of this Act. Prohibits...

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Financial Services.
Referred to the Subcommittee on Financial Institutions and Consumer Credit.
March 15, 2001

Introduced in the House by John J. LaFalce (D-N.Y.)

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