S 3036 · 116th Congress · Finance and Financial Sector
Unsolicited Loan Act of 2019
Bill Progress
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Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.(2019-12-12)
Plain Language Summary
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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.…
Summarized by Claude AI · Non-partisan · For informational purposes only