Official Title: To amend the Truth in Lending Act to address certain issues related to the extension of consumer credit, and for other purposes.
Sponsor: (, )
Stopping Abuse and Fraud in Electronic Lending Act of 2012 or SAFE Lending Act of 2012 - Amends the Electronic Fund Transfer Act to authorize the issuance of remotely created checks only if the consumer has designated in writing a person to issue them. Defines a "remotely created check" as one that: (1) is not created by the financial insRead MoreRead Less
Latest Action: Referred to the Subcommittee on Financial Institutions and Consumer Credit.