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Bonamici, Merkley, Jayapal Introduce Legislation to Stop Predatory Payday Lending Practices
September 20, 2024
WASHINGTON, Sept. 20 -- Sen. Jeff Merkley, D-Oregon, issued the following news release:

DC [9/20/24] Congresswomen Suzanne Bonamici (D-OR), Pramila Jayapal (D-WA), and Senator Jeff Merkley (D-OR) introduced legislation to protect consumers from predatory payday lending practices.

The Stopping Abuse and Fraud in Electronic (SAFE) Lending Act of 2024 would safeguard consumers as predatory payday lenders have continued to flourish online despite laws passed by many states . . .

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