H.R. 1658 119th Congress House

SAFE Lending Act of 2025

Official title: To amend the Truth in Lending Act to address certain issues relating to the extension of consumer credit, and for other purposes.

Introduced: March 3, 2025 Introduced by: Suzanne Bonamici Democratic · Oregon See on congress.gov

Finance and Financial Sector

Everywhere this bill has been 2 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Feb 27, 2025

Referred to the House Committee on Financial Services.

Feb 27, 2025

Introduced in House

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What's happening now February 27, 2025

Referred to the House Committee on Financial Services.

Plain-English summary Congressional Research Service

Stopping Abuse and Fraud in Electronic Lending Act of 2025 or the SAFE Lending Act of 2025

This bill creates additional consumer protections applicable to certain credit and banking transactions, including matters concerning remotely created checks, electronic fund transfers, registration of small-dollar lenders, overdraft fees, and the collection of personal information.

Under the bill, remotely created checks may only be issued by a person specifically designated in writing by a consumer. The consumer must provide the designation to the consumer's depository institution. (A remotely created check is a check not issued by the bank and not signed by the account owner.)

A voluntary agreement to repay a small-dollar consumer credit transaction by an electronic fund transfer is subject to certain protections, including the right of the consumer to stop payment.

Small-dollar consumer credit providers must register with the Consumer Financial Protection Bureau. Any small-dollar consumer credit transaction is subject to the laws of the state in which the consumer resides.

The bill also prohibits overdraft fees on prepaid accounts.

Related & companion bills 1

Bill text 1 version

Introduced in House Formatted Text PDF Formatted XML

Source documents hosted by congress.gov.

Committees of jurisdiction 1

Financial Services Committee
House of Representatives

Lobbying activity 1

Registered lobbyists who named this bill in their disclosure filings. Source: federal Lobbying Disclosure Act filings.

AMERICANS FOR FINANCIAL REFORM
for AMERICANS FOR FINANCIAL REFORM · District of Columbia · 1st Quarter 2025 (Jan 1 - Mar 31)

Bodies those filers lobbied

HOUSE OF REPRESENTATIVES
1 filing
Office of the Comptroller of the Currency (OCC)
1 filing
SENATE
1 filing
Treasury, Dept of
1 filing

A filing lists the bills it worked on and the parts of government it contacted in separate sections, so these are the bodies those filers named anywhere in the filing, not a per-bill breakdown.

Cosponsors 3

García, Jesús G. "Chuy"

Illinois · Mar 3, 2025

Jayapal, Pramila

Washington · Feb 27, 2025

Schakowsky, Janice D.

Illinois · Feb 27, 2025

Cite this page click to expand

APA

U.S. Congress. (2026). H.R. 1658: SAFE Lending Act of 2025. 119th Congress. Open America. https://openamerica.io/bill/119-HR-1658/

MLA

"H.R. 1658: SAFE Lending Act of 2025." 119th Congress, 2026, Open America, https://openamerica.io/bill/119-HR-1658/.

Bluebook (legal)

H.R. 1658, 119th Cong. (2026), https://openamerica.io/bill/119-HR-1658/.

Markdown link

[H.R. 1658: SAFE Lending Act of 2025](https://openamerica.io/bill/119-HR-1658/)