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Heinrich, Luján, Wyden Introduce Bill To End Paycheck Protection Program Abuse By Predatory Debt Collectors
U.S. SENATE News:
WASHINGTON, D.C. U.S. Senators Martin Heinrich (D-N.M.), Ben Ray Luján (D-N.M.) and Ron Wyden (D-Wis.) introduced legislation to prevent predatory debt collectors from accessing funding through the Paycheck Protection Program (PPP).
The Ceasing Underserved Relief Benefits for Debt Collectors Act – or CURB Debt Collectors Act–would prevent debt collectors that have committed violations of the Fair Debt Collection Practices Act from accessing PPP forgivable loans. Debt collectors, including firms that are known to have violated consumers’ rights, have received millions of dollars in PPP funding. ....

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