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HR 1058 107th Congress House Finance and Financial Sector Administrative procedure Checks Commerce Consumer credit Consumer education Consumer protection Debtor and creditor Deceptive advertising Federal Reserve System Government Operations and Politics Law Liability (Law) Negotiable instruments Personal loans Restrictive trade practices

Unsolicited Loan Check Consumer Protection Act of 2001

Introduced: March 15, 2001 See on congress.gov
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This bill died when the 107th Congress ended
It never became law before the 107th Congress (2001–2002) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 26, 2001
Referred to the Subcommittee on Financial Institutions and Consumer Credit.
Mar 15, 2001
Referred to the House Committee on Financial Services.
Mar 15, 2001
Introduced in House
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 Plain-English summary Congressional Research Service
Unsolicited Loan Check Consumer Protection Act of 2001 - Amends the Consumer Credit Protection Act to prohibit loan solicitations to consumers that are accompanied by a negotiable instrument (unsolicited loan checks), unless such solicitations are in response to a prior consumer request for an extension of credit.

Declares that such consumers are not liable for the amount of any negotiable instrument sent in violation of this Act. Prohibits reporting to, or receipt by, any credit agency of information on consumer creditworthiness based upon such unsolicited loan checks.

What's happening now March 26, 2001

Referred to the Subcommittee on Financial Institutions and Consumer Credit.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Cosponsors 2
All 2 Democratic 2
D
Davis, Danny K.
Illinois · Apr 3, 2001
 D
Schakowsky, Janice D.
Illinois · Mar 15, 2001
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 1058: Unsolicited Loan Check Consumer Protection Act of 2001. 107th Congress. Open America. https://openamerica.io/bill/107-HR-1058/
MLA
"H.R. 1058: Unsolicited Loan Check Consumer Protection Act of 2001." 107th Congress, 2026, Open America, https://openamerica.io/bill/107-HR-1058/.
Bluebook (legal)
H.R. 1058, 107th Cong. (2026), https://openamerica.io/bill/107-HR-1058/.
Markdown link
[H.R. 1058: Unsolicited Loan Check Consumer Protection Act of 2001](https://openamerica.io/bill/107-HR-1058/)
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