3.0.0 187 2022-03-03T21:28:09Z 2022-03-03T21:28:09Z Senate S S 2013-01-30 113 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Standing Referred to 2013-01-30T21:27:17Z 2013-01-30 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. IntroReferral 2013-01-30 Introduced in Senate IntroReferral 10000 9 Library of Congress M001176 Sen. Merkley, Jeff [D-OR] Jeff Merkley D OR N B000944 Sen. Brown, Sherrod [D-OH] Sherrod Brown D OH 2013-01-30 True W000802 Sen. Whitehouse, Sheldon [D-RI] Sheldon Whitehouse D RI 2013-01-30 True Finance and Financial Sector Civil actions and liability Consumer credit Fraud offenses and financial crimes Finance and Financial Sector 00 2013-01-30 Introduced in Senate 2013-02-13T19:54:00Z Deceptive Loan Check Elimination Act - Amends the Truth in Lending Act (TILA) to prohibit a person from extending any consumer credit through the use by the consumer of a check or other negotiable instrument sent by the creditor to solicit an extension of consumer credit, unless the consumer has requested it in writing.

States that a nonnegotiable instrument that has the appearance of a negotiable instrument in connection with a solicitation for an extension of credit is not an application or request for purposes of this Act.

Shields a consumer from liability for: (1) the principal amount of a negotiable instrument sent in violation of this Act; or (2) any interest, fee, or penalty charged in connection with such negotiable instrument.

Prohibits any information relating to the liability of a consumer alleged by a creditor to have been established through a negotiable instrument sent in violation of this Act from being either reported to or received by any consumer reporting agency, or from being included in any consumer report.

]]> Deceptive Loan Check Elimination Act Short Titles as Introduced Deceptive Loan Check Elimination Act Official Title as Introduced A bill to amend the Truth in Lending Act to prohibit the distribution of any check or other negotiable instrument as part of a solicitation by a creditor for an extension of credit, to limit the liability of consumers in conjunction with such solicitations, and for other purposes. Display Title Deceptive Loan Check Elimination Act Introduced in Senate 2013-01-30T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-113s187is/xml/BILLS-113s187is.xml 2013-01-30 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.