# 119-hr-1658: SAFE Lending Act of 2025

119-hr-1658, SAFE Lending Act of 2025, is a 119th Congress bill sponsored by Rep. Bonamici, Suzanne [D-OR-1] (D-OR); status introduced; PRIA reads it as touching household money (as of 2026-04-21).

- Canonical: https://policyrisk.com/legislation/119-hr-1658
- As of: 2026-04-21
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-1658
- Congress: 119
- Title: SAFE Lending Act of 2025
- Status: introduced
- Introduced: 2025-02-27
- Sponsor: Rep. Bonamici, Suzanne [D-OR-1] (D-OR)
- Cosponsors: 3
- Policy area: Finance and Financial Sector
- Touches household money: yes
- Last recorded action: 2026-04-21

## Summary

**Strengthen consumer protections in small‑dollar electronic lending.** The SAFE Lending Act of 2025 would curb risky electronic payment tools, require small‑dollar lenders to register and follow borrowers' state rules for rates and fees, and block third‑party brokers from harvesting sensitive bank data.

## Cosponsors (3)

- Rep. Jayapal, Pramila [D-WA-7] (D-WA), 2025-02-27T00:00:00.000Z
- Rep. Schakowsky, Janice D. [D-IL-9] (D-IL), 2025-02-27T00:00:00.000Z
- Rep. García, Jesús G. "Chuy" [D-IL-4] (D-IL), 2025-03-03T00:00:00.000Z

## Provisions PRIA read

- Consumer Bureau must issue rules in a year: benefit, medium. If enacted, the Consumer Financial Protection Bureau would have to issue final rules to carry out this bill within one year of enactment. This would set a clear timeline for lenders and consumers to follow new protections.
- Extra protections for electronic loan payments: benefit, low. If enacted, when you choose to repay a small-dollar loan by electronic bank transfer, that payment would count as a preauthorized transfer. You would get protections under the Electronic Fund Transfer Act, like error rights and limits on unauthorized debits. This generally applies to loans up to ab…
- No overdraft fees on prepaid cards: benefit, low. If enacted, you would not be charged overdraft fees on prepaid accounts. Your bank could still decline a purchase that would put the card below zero. The Consumer Bureau could also ban other prepaid fees by rule to improve price clarity.
- Tighter rules on remotely created checks: benefit, low. If enacted, a remotely created check could be used only if you name the issuer in writing with your bank. You could cancel that permission at any time. Companies could not use such payment orders to respond to you using a consumer right. The Consumer Bureau could add more limits by rule.
- New rules for small-dollar lenders: mixed, medium. If enacted, companies would need to register with the Consumer Bureau before offering small-dollar loans (generally up to $5,000, adjusted for inflation). This would also cover companies that arrange, broker, or collect loan applications. Firms that share sensitive data like Social Security or bank…
- Remote small loans follow your state: mixed, medium. If enacted, any small-dollar loan made online, by phone or mail, or by a national bank would have to follow your home-state rules on APR, interest, and fees. This generally applies to loans up to about $5,000. In stricter states, this could lower allowed rates or fees. In other states, lenders migh…

## Related bills

- 119-hr-9877: Health Equity and Accountability Act of 2026
- 119-hr-7977: Energy Bills Relief Act
- 119-hr-7973: Momnibus Act
- 119-hr-3151: SHIPS for America Act of 2025
- 119-hr-2038: American Housing and Economic Mobility Act of 2025
- 119-hr-10421: Transforming Education for the Future Act

## Sources
- [119-hr-1658 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/1658)

## Related
- [119-hr-9877: Health Equity and Accountability Act of 2026](https://policyrisk.com/legislation/119-hr-9877)
- [119-hr-7977: Energy Bills Relief Act](https://policyrisk.com/legislation/119-hr-7977)
- [119-hr-7973: Momnibus Act](https://policyrisk.com/legislation/119-hr-7973)
- [119-hr-3151: SHIPS for America Act of 2025](https://policyrisk.com/legislation/119-hr-3151)
- [119-hr-2038: American Housing and Economic Mobility Act of 2025](https://policyrisk.com/legislation/119-hr-2038)
- [119-hr-10421: Transforming Education for the Future Act](https://policyrisk.com/legislation/119-hr-10421)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-1658 (as of 2026-04-21).