S 3793 · 119th CongressIn Committeecongress.gov ↗

Predatory Lending Elimination Act

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Road to The Floor

How it works

Introduced

In Committee

On The Floor

Passed a Chamber

Passed Congress

To President

Became Law

What this bill does

AI plain-language summary

This bill appears to deal with getting rid of or reducing lending practices that are considered predatory, which typically refers to unfair or abusive loan terms that take advantage of borrowers. No official summary is available for this bill.

Sponsor

Sen. Reed, Jack [D-RI]

D

Introduced

February 5, 2026

Policy Area

Finance and Financial Sector

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