Unsolicited Loan Act of 2019
USA116th CongressS-3036| Senate
| Updated: 12/12/2019
Doug Jones
Democratic Senator
Alabama
Cosponsors (2)
Banking, Housing, and Urban Affairs Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Unsolicited Loan Act of 2019 This bill prohibits a lender from providing an unsolicited loan check or similar instrument to a consumer. Additionally, a consumer is not liable for any debt incurred from such an instrument.
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Timeline
Introduced in Senate
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Finance and Financial Sector
Administrative law and regulatory proceduresBanking and financial institutions regulationConsumer creditConsumer Financial Protection Bureau
Unsolicited Loan Act of 2019
USA116th CongressS-3036| Senate
| Updated: 12/12/2019
Unsolicited Loan Act of 2019 This bill prohibits a lender from providing an unsolicited loan check or similar instrument to a consumer. Additionally, a consumer is not liable for any debt incurred from such an instrument.
View Full TextSuggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in Senate
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Doug Jones
Democratic Senator
Alabama
Cosponsors (2)
Banking, Housing, and Urban Affairs Committee
Finance and Financial Sector
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Administrative law and regulatory proceduresBanking and financial institutions regulationConsumer creditConsumer Financial Protection Bureau