S.2417: SAFE Lending Act of 2018

About This Bill

Bill Version

Bill Summary

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.

(Source: Library of Congress)

Bill Actions

Date Description
Feb. 13, 2018
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Feb. 13, 2018

Introduced in the Senate by Jeff Merkley (D-Ore.)

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