SAFE Lending Act of 2025 aims to protect consumers in small-dollar credit transactions by regulating lead generation and prohibiting unauthorized.
The Stopping Abuse and Fraud in Electronic Lending Act of 2025, also known as the SAFE Lending Act of 2025, amends the Truth in Lending Act and the Electronic Fund Transfer Act. It introduces a registration requirement for small-dollar lenders, defines small-dollar consumer credit transactions, and restricts lead generation in these transactions. The Act also prohibits unauthorized remotely created checks and mandates that certain one-time electronic fund transfers be treated as preauthorized transfers.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.