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Code · BILL · 116th Congress · H.R. 1500 (Engrossed in House) — To require the Consumer Financial Protection Bureau to meet its statutory purpose, and for other purposes. · Sec. 17

Sec. 17. Report on payday loan and car-title loan investigations and enforcement actions

126 words·~1 min read·/bill/116/hr/1500/eh/section-17

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Section 1016 of the Consumer Financial Protection Act of 2010 ( 12 U.S.C. 5496 ) is amended by adding at the end the following: The Director shall issue a quarterly report to Congress containing— the number of investigations opened and closed by the Bureau relating to payday loans and car-title loans; the number of enforcement actions that have been taken or referred relating to payday loans and car-title loans; an estimate of the amount of fees customers have paid relating to payday loans and car-title loans; an estimate of the number of times in the previous 12 months a typical payday loan customer has rolled over their loan; and an estimate of how many car-title loan customers lost their car in the previous 12 months. .
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Sec. 17
Report on payday loan and car-title loan investigations and enforcement actions
U.S.C.§ 5496
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