TRUTH IN LENDING ACT

Bills and resolutions

Consumer Financial Protection Bureau: apply certain protections and oversight to buy now, pay later loans (see S. 3561), S8920 [18DE] (see H.R. 6891), H6115 [18DE]

Credit: cap credit card interest rates to ten percent (see S. 381), S593 [4FE] (see H.R. 1944), H1037 [6MR]

——— establish national usury rate for consumer credit transactions (see S. 2781), S6575 [11SE]

——— improve regulation of ‘‘payday’’ lending by ensuring consumers control their own bank accounts, increasing transparency, and banning lead generators and anonymously registered websites in payday lending (see S. 780), S1428 [27FE] (see H.R. 1658), H912 [27FE]

Housing: publish online database of home valuation data that lenders collect in connection with mortgage application and codify consumers’ right to appeal home valuations (see H.R. 5975), H4584 [7NO]

Real estate: exempt small seller financers from certain licensing requirements (see H.R. 6511), H5110 [9DE]

Solar energy: require certain creditors to disclose dealer fees in solar financing transactions (see H.R. 4489), H3473 [17JY]

Remarks in Senate

Consumer Financial Protection Bureau: apply certain protections and oversight to buy now, pay later loans (S. 3561), S8923 [18DE]

Texts of

S. 2781, Protecting Consumers From Unreasonable Credit Rates Act, S6577 [11SE]