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.
Administrative law and regulatory proceduresBank accounts, deposits, capitalBanking and financial institutions regulationCongressional oversightConsumer creditConsumer Financial Protection BureauGovernment studies and investigationsIndian social and development programsInterest, dividends, interest ratesInternet and video servicesInternet, web applications, social mediaLicensing and registrationsRight of privacy
To amend the Truth in Lending Act to address certain issues relating to the extension of consumer credit, and for other purposes.
USA115th CongressHR-4999| House
| Updated: 2/13/2018
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.
Administrative law and regulatory proceduresBank accounts, deposits, capitalBanking and financial institutions regulationCongressional oversightConsumer creditConsumer Financial Protection BureauGovernment studies and investigationsIndian social and development programsInterest, dividends, interest ratesInternet and video servicesInternet, web applications, social mediaLicensing and registrationsRight of privacy