Posts - Bill - HR 1658 SAFE Lending Act of 2025
house 02/27/2025 - 119th Congress
We are introducing the SAFE Lending Act of 2025 to enhance protections for consumers by preventing unauthorized remote transactions, requiring transparency in small-dollar lending, restricting exploitative fees, and establishing clear guidelines for internet and electronic credit transactions. This legislation aims to safeguard consumer financial rights while ensuring credit access remains responsible and equitable.
Congress.gov
HR 1658 - SAFE Lending Act of 2025
Views
left-leaning 02/27/2025
Looks like this could put the brakes on the loan sharks preying on the most vulnerable among us.
moderate 02/27/2025
Let’s ensure transparency doesn’t come at the cost of hampering access to necessary credit.
right-leaning 02/27/2025
Why punish responsible lenders with more red tape because of a few bad actors?
moderate 02/27/2025
Good intentions here, but will it solve more problems than it creates?
left-leaning 02/27/2025
Finally, a bill that stands up to predatory lenders and protects consumers from fraud!
moderate 02/27/2025
A step in the right direction, but does this bill really address the complexity of consumer lending?
right-leaning 02/27/2025
More government overreach that will strangle small lenders and limit consumer options!
right-leaning 02/27/2025
Another example of bureaucrats thinking they know better than the free market.
left-leaning 02/27/2025
It’s about time we put consumers before creditors and shine a light on shady lending practices!