Payday Loan Reform Act of 2007
To amend the Truth in Lending Act and the Federal Deposit Insurance Act to prohibit payday loans based on checks drawn on, or authorized withdrawals from, depository institutions and to prohibit insured depository institutions from making payday loans, and for other purposes.
Other Bill Titles (2 more) 6/26/2007--Introduced.
Payday Loan Reform Act of 2007 - Amends the Truth in Lending Act to prohibit payday loans based on checks drawn on, or authorized withdrawals from, insured depository institutions. Amends the Federal Deposit Insurance Act to prohibit an insured depository institu... moreSee Full Bill Text
Committees
Amendments
This bill has no amendments.
Bill Status
| Introduced | ![]() | Voted on by House | ![]() | Voted on by Senate | ![]() | Considered By President | ![]() | Bill Becomes Law |
| June 26, 2007 |
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Blog Coverage
December 23, 2007 eliminate pay day loan
Tom Udall D-NM-3 introduced HR 2871, the Payday Loan Reform Act of 2007. Click on behalf of fieriness facsimile on behalf of your review. The proposition is deliberate in the direction of eliminate payday ⦠Applying afterward qualifying ...
Source: Insurance and Loans
December 23, 2007 eliminate payday loan
Tom Udall D-NM-3 introduced HR 2871, the Payday Loan Reform Act of 2007. Click designed for support imitation pro your review. The proposition is calculated headed for eliminate payday ⦠Excessive government would not stop persons who ...
Source: Insurance and Loans
November 24, 2007 Poynter Institute
HR 2871 Restricts Consumer Access to Short-Term Credit Alternatives (PR Newswire via Yahoo! Finance). Poynter Institute Romenesko . student won the 62nd annual contest, which is sponsored by the National Press Photographers Foundation, ...
Source: Poynter Institute








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