Introduced
by
To allow payday lenders to accept debit cards or telephone bank transactions to "redeem" a loan.
Referred to the Committee on Banking and Financial Institutions
Reported without amendment
With the recommendation that the substitute (S-1) be adopted and that the bill then pass.
Passed in the Senate 37 to 0 (details)
Referred to the Committee on Financial Services
Reported without amendment
With the recommendation that the substitute (H-1) be adopted and that the bill then pass.
Passed in the House 107 to 1 (details)
To allow payday lenders to accept debit cards or telephone bank transactions to "redeem" a loan.
Passed in the Senate 37 to 0 (details)
