Tagged: hr 3299

Protecting Consumers’ Access to Credit Act of 2017: Controversial Bill that Helps Online Lenders Passes the House

Today, the House of Representatives passed HR 3299, “the Protecting Consumer’s Access to Credit Act of 2017.” The Bill was approved mainly along party lines as Republicans supported the measure and Democrats voted against it but 16 Democrats crossed over in support of the legislation. The… Read More

House Financial Services Committee Approves Legislation to Help Keep Lending Partnerships Between Banks and Online Lenders

The House Financial Services Committee has approved HR 3299 or the “Protecting Consumers’ Access to Credit Act of 2017.” The bill “restores consistency” in lending laws across state boundaries. HR 3299 impacts the case of Midland Funding, LLC v. Madden – an ongoing law suit… Read More

Chief Deputy Whip Patrick McHenry & Congressman Gregory Meeks Introduce Bill Addressing Madden v. Midland Case

Chief Deputy Whip Patrick McHenry, the Vice Chairman of the House Financial Services Committee has partnered with Congressman Gregory Meeks to introduce HR 3299 entitled, “Protecting Consumers’ Access to Credit Act of 2017“. This bill is designed to “restore consistency to our nation’s lending laws… Read More

Send this to a friend