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Includes all politicians who were in office at any point during the 111th Congress.

S. 500 - Protecting Consumers from Unreasonable Credit Rates Act of 2009

Predatory Lending, Loansharking, Usury - Finance and financial sector. 111th Congress (2009-2010) View bill details
Sponsor:
Summary:
A bill to amend the Truth in Lending Act to establish a national usury rate for consumer credit transactions. (by CRS) 
Status:
The bill has been introduced. 
There have been no votes on this bill.

Protecting Consumers from Unreasonable Credit Rates Act of 2009

S. 500 — 111th Congress (2009–2010)

Keywords
Predatory Lending, Loansharking, Usury
Summary
A bill to amend the Truth in Lending Act to establish a national usury rate for consumer credit transactions. (by CRS)
Learn More
At OpenCongress
Title
A bill to amend the Truth in Lending Act to establish a national usury rate for consumer credit transactions.
Other Titles
  • Protecting Consumers from Unreasonable Credit Rates Act of 2009
Sponsor
Richard J. Durbin
Co-Sponsors
Subjects
  • Finance and financial sector
  • Civil actions and liability
  • Consumer credit
  • Fraud offenses and financial crimes
  • Interest, dividends, interest rates
Related Bills
Major Actions
Introduced2/26/2009
Referred to Committee
Bill History

There have been no votes on this bill.

ActionDateDescription
Introduced2/26/2009
2/26/2009Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
2/26/2009Sponsor introductory remarks on measure. (CR S2570-2571, S2572-2573)
NumberSponsorDate OfferedStatus

Total contributions given to Senators from interest groups that…

supported this bill

Banks & lending institutions
Minority/Ethnic Groups
Health & welfare policy
7% more
$332,847
$1,445,407
$1,071,268
$2,849,522
$2,659,367
$2,659,367

opposed this bill

Credit agencies & finance companies
15 Organizations Supported and 2 Opposed; See Which Ones
15 Organizations Supported and 2 Opposed; See Which Ones

Organizations that took a position on
Protecting Consumers from Unreasonable Credit Rates Act of 2009

15 organizations supported this bill

Americans for Fairness in Lending
(2009, March 2). 100+ Diverse National and State Groups Support Durbin/Speier FAIR Bill. Retrieved March 30, 2009, from .
Association of Community Organizations for Reform Now
(2009, March 2). 100+ Diverse National and State Groups Support Durbin/Speier FAIR Bill. Retrieved March 30, 2009, from .
Center for Responsible Lending
(2009, March 2). 100+ Diverse National and State Groups Support Durbin/Speier FAIR Bill. Retrieved March 30, 2009, from .
Consumer Action
(2009, March 2). 100+ Diverse National and State Groups Support Durbin/Speier FAIR Bill. Retrieved March 30, 2009, from .
Consumer Federation of America
(2009, March 2). 100+ Diverse National and State Groups Support Durbin/Speier FAIR Bill. Retrieved March 30, 2009, from .
Consumers for Auto Reliability and Safety
(2009, March 2). 100+ Diverse National and State Groups Support Durbin/Speier FAIR Bill. Retrieved March 30, 2009, from .
Consumers Union
(2009, March 2). 100+ Diverse National and State Groups Support Durbin/Speier FAIR Bill. Retrieved March 30, 2009, from .
Jewish Council for Public Affairs
(2009, March 2). 100+ Diverse National and State Groups Support Durbin/Speier FAIR Bill. Retrieved March 30, 2009, from .
National Association of Consumer Advocates
(2009, March 2). 100+ Diverse National and State Groups Support Durbin/Speier FAIR Bill. Retrieved March 30, 2009, from .
National Community Reinvestment Coalition
(2009, March 2). 100+ Diverse National and State Groups Support Durbin/Speier FAIR Bill. Retrieved March 30, 2009, from .
National Congress of American Indians
(2009, March 2). 100+ Diverse National and State Groups Support Durbin/Speier FAIR Bill. Retrieved March 30, 2009, from .
National Fair Housing Alliance
(2009, March 2). 100+ Diverse National and State Groups Support Durbin/Speier FAIR Bill. Retrieved March 30, 2009, from .
Public Citizen
(2009, March 2). 100+ Diverse National and State Groups Support Durbin/Speier FAIR Bill. Retrieved March 30, 2009, from .
U.S. PIRG
(2009, March 2). 100+ Diverse National and State Groups Support Durbin/Speier FAIR Bill. Retrieved March 30, 2009, from .
Woodstock Institute
(2009, March 2). 100+ Diverse National and State Groups Support Durbin/Speier FAIR Bill. Retrieved March 30, 2009, from .

2 organizations opposed this bill

American Financial Services Association
(2009, February 27). Statement from Chris Stinebert. Retrieved March 30, 2009, from .
Community Financial Services Association of America
(2009, March 4). Talking Points for the Payday Advance Industry (S. 500). Retrieved March 30, 2009, from .

Need proof?

View citations of support and opposition

Includes reported contributions to congressional campaigns of Senators in office during the 111th U.S. Congress, from interest groups invested in the vote according to MapLight, January 1, 2005 – December 31, 2010.
Contributions data source: OpenSecrets.org

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Contributions by Legislator

Namesort iconPartyState$ From Interest Groups
That Supported		$ From Interest Groups
That Opposed
Daniel K. AkakaDHI$25,440$500
Andrew Lamar AlexanderRTN$33,650$5,750
John BarrassoRWY$4,500$0
Max BaucusDMT$25,900$64,900
Birch "Evan" BayhDIN$17,950$64,350
Mark BegichDAK$8,537$0
Michael F. BennetDCO$29,950$32,034
Bob BennettRUT$23,675$108,000
Jesse "Jeff" BingamanDNM$14,250$2,000
Christopher "Kit" BondRMO$5,700$0
Barbara BoxerDCA$61,800$20,550
Sherrod BrownDOH$36,922$20,225
Sam BrownbackRKS$1,000$2,000
Jim BunningRKY$1,000$23,200
Richard BurrRNC$25,300$9,650
Roland BurrisDIL$0$0
Robert ByrdDWV$24,250$2,000
Maria CantwellDWA$38,550$4,800
Ben CardinDMD$37,750$13,600
Tom CarperDDE$16,700$86,340
Bob CaseyDPA$94,850$15,625
Clarence Saxby ChamblissRGA$42,600$34,200
Tom CoburnROK$7,800$15,900
William Thad CochranRMS$7,300$1,000
Susan M. CollinsRME$9,800$28,300
Gaylord Kent ConradDND$16,800$27,500
Bob CorkerRTN$68,300$59,679
John CornynRTX$51,010$33,450
Mike CrapoRID$12,003$64,000
Jim DeMintRSC$4,250$52,000
Chris DoddDCT$31,200$116,150
Byron DorganDND$1,300$4,400
Dick DurbinDIL$37,550$7,500
John EnsignRNV$12,750$20,250
Mike EnziRWY$10,900$30,500
Russ FeingoldDWI$29,665$7,600
Dianne FeinsteinDCA$35,350$15,750
Kirsten E. GillibrandDNY$59,056$35,450
Lindsey GrahamRSC$26,750$16,200
Chuck GrassleyRIA$27,400$23,500
Judd GreggRNH$0$0
Kay R. HaganDNC$25,080$1,250
Tom HarkinDIA$45,480$2,800
Orrin G. HatchRUT$25,450$35,500
Kay Bailey HutchisonRTX$38,650$15,200
Jim InhofeROK$18,450$500
Dan InouyeDHI$10,700$1,500
Johnny IsaksonRGA$35,500$26,000
Mike JohannsRNE$23,800$9,300
Tim JohnsonDSD$50,998$154,600
Ted KaufmanDDE$0$0
Ted KennedyDMA$40,900$12,550
John F. KerryDMA$17,550$11,500
Amy KlobucharDMN$66,213$9,425
Herb KohlDWI$0$0
Jon KylRAZ$58,525$53,593
Mary L. LandrieuDLA$25,750$31,250
Frank R. LautenbergDNJ$20,400$12,700
Patrick J. LeahyDVT$2,500$12,000
Carl LevinDMI$28,521$7,500
Joe LiebermanICT$83,650$100,500
Blanche LincolnDAR$13,583$23,900
Dick LugarRIN$17,400$7,700
Mel MartinezRFL$7,550$9,000
John McCainRAZ$24,500$10,650
Claire McCaskillDMO$33,900$4,100
Addison "Mitch" McConnellRKY$57,550$127,400
Bob MenéndezDNJ$136,670$45,502
Jeff MerkleyDOR$38,799$4,250
Barbara A. MikulskiDMD$11,350$0
Lisa MurkowskiRAK$6,550$3,000
Patty MurrayDWA$20,050$5,250
Earl "Ben" NelsonDNE$38,100$28,150
Clarence "Bill" NelsonDFL$34,199$42,600
Mark L. PryorDAR$17,300$16,850
John "Jack" ReedDRI$11,200$60,400
Harry ReidDNV$61,433$87,650
Jim RischRID$750$500
Charles "Pat" RobertsRKS$51,299$10,550
John "Jay" RockefellerDWV$19,050$3,300
Bernie SandersIVT$2,000$1,325
Chuck SchumerDNY$59,328$63,300
Jeff SessionsRAL$23,000$11,000
Jeanne ShaheenDNH$26,771$2,300
Richard C. ShelbyRAL$20,900$191,800
Olympia J. SnoweRME$14,800$5,500
Arlen SpecterDPA$76,220$37,800
Debbie StabenowDMI$31,780$35,300
Jon TesterDMT$6,250$22,100
John ThuneRSD$48,355$33,335
Mark UdallDCO$45,946$15,625
Tom UdallDNM$38,629$3,800
David VitterRLA$51,375$52,759
George VoinovichROH$9,600$2,750
Mark R. WarnerDVA$81,900$67,750
Jim WebbDVA$19,410$22,425
Sheldon WhitehouseDRI$17,950$4,475
Roger F. WickerRMS$23,300$13,000
Ron WydenDOR$13,200$15,750

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NamePartyState$ From Interest Groups
That Supported		$ From Interest Groups
That Opposed
Daniel K. AkakaDHI$25,440$500
Andrew Lamar AlexanderRTN$33,650$5,750
John BarrassoRWY$4,500$0
Max BaucusDMT$25,900$64,900
Birch "Evan" BayhDIN$17,950$64,350
Mark BegichDAK$8,537$0
Michael F. BennetDCO$29,950$32,034
Bob BennettRUT$23,675$108,000
Jesse "Jeff" BingamanDNM$14,250$2,000
Christopher "Kit" BondRMO$5,700$0
Barbara BoxerDCA$61,800$20,550
Sherrod BrownDOH$36,922$20,225
Sam BrownbackRKS$1,000$2,000
Jim BunningRKY$1,000$23,200
Richard BurrRNC$25,300$9,650
Roland BurrisDIL$0$0
Robert ByrdDWV$24,250$2,000
Maria CantwellDWA$38,550$4,800
Ben CardinDMD$37,750$13,600
Tom CarperDDE$16,700$86,340
Bob CaseyDPA$94,850$15,625
Clarence Saxby ChamblissRGA$42,600$34,200
Tom CoburnROK$7,800$15,900
William Thad CochranRMS$7,300$1,000
Susan M. CollinsRME$9,800$28,300
Gaylord Kent ConradDND$16,800$27,500
Bob CorkerRTN$68,300$59,679
John CornynRTX$51,010$33,450
Mike CrapoRID$12,003$64,000
Jim DeMintRSC$4,250$52,000
Chris DoddDCT$31,200$116,150
Byron DorganDND$1,300$4,400
Dick DurbinDIL$37,550$7,500
John EnsignRNV$12,750$20,250
Mike EnziRWY$10,900$30,500
Russ FeingoldDWI$29,665$7,600
Dianne FeinsteinDCA$35,350$15,750
Kirsten E. GillibrandDNY$59,056$35,450
Lindsey GrahamRSC$26,750$16,200
Chuck GrassleyRIA$27,400$23,500
Judd GreggRNH$0$0
Kay R. HaganDNC$25,080$1,250
Tom HarkinDIA$45,480$2,800
Orrin G. HatchRUT$25,450$35,500
Kay Bailey HutchisonRTX$38,650$15,200
Jim InhofeROK$18,450$500
Dan InouyeDHI$10,700$1,500
Johnny IsaksonRGA$35,500$26,000
Mike JohannsRNE$23,800$9,300
Tim JohnsonDSD$50,998$154,600
Ted KaufmanDDE$0$0
Ted KennedyDMA$40,900$12,550
John F. KerryDMA$17,550$11,500
Amy KlobucharDMN$66,213$9,425
Herb KohlDWI$0$0
Jon KylRAZ$58,525$53,593
Mary L. LandrieuDLA$25,750$31,250
Frank R. LautenbergDNJ$20,400$12,700
Patrick J. LeahyDVT$2,500$12,000
Carl LevinDMI$28,521$7,500
Joe LiebermanICT$83,650$100,500
Blanche LincolnDAR$13,583$23,900
Dick LugarRIN$17,400$7,700
Mel MartinezRFL$7,550$9,000
John McCainRAZ$24,500$10,650
Claire McCaskillDMO$33,900$4,100
Addison "Mitch" McConnellRKY$57,550$127,400
Bob MenéndezDNJ$136,670$45,502
Jeff MerkleyDOR$38,799$4,250
Barbara A. MikulskiDMD$11,350$0
Lisa MurkowskiRAK$6,550$3,000
Patty MurrayDWA$20,050$5,250
Earl "Ben" NelsonDNE$38,100$28,150
Clarence "Bill" NelsonDFL$34,199$42,600
Mark L. PryorDAR$17,300$16,850
John "Jack" ReedDRI$11,200$60,400
Harry ReidDNV$61,433$87,650
Jim RischRID$750$500
Charles "Pat" RobertsRKS$51,299$10,550
John "Jay" RockefellerDWV$19,050$3,300
Bernie SandersIVT$2,000$1,325
Chuck SchumerDNY$59,328$63,300
Jeff SessionsRAL$23,000$11,000
Jeanne ShaheenDNH$26,771$2,300
Richard C. ShelbyRAL$20,900$191,800
Olympia J. SnoweRME$14,800$5,500
Arlen SpecterDPA$76,220$37,800
Debbie StabenowDMI$31,780$35,300
Jon TesterDMT$6,250$22,100
John ThuneRSD$48,355$33,335
Mark UdallDCO$45,946$15,625
Tom UdallDNM$38,629$3,800
David VitterRLA$51,375$52,759
George VoinovichROH$9,600$2,750
Mark R. WarnerDVA$81,900$67,750
Jim WebbDVA$19,410$22,425
Sheldon WhitehouseDRI$17,950$4,475
Roger F. WickerRMS$23,300$13,000
Ron WydenDOR$13,200$15,750

Interest Groups that supported this bill

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$ Donated
Banks & lending institutions$1,445,407
Minority/Ethnic Groups$1,071,268
Health & welfare policy$332,847

Interest Groups that opposed this bill

Uncheck All
Check All
$ Donated
Credit agencies & finance companies$2,659,367
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