CURB Debt Collectors Act
Summary
The CURB Debt Collectors Act would prohibit debt collection agencies from receiving Paycheck Protection Program (PPP) loans if they have been found in violation of federal debt collection laws. Specifically, the bill targets companies that have breached the Fair Debt Collection Practices Act, which protects consumers from harassment, false statements, and unfair practices. By restricting access to these government-backed relief funds, the legislation aims to ensure that federal financial support is not provided to businesses that have engaged in predatory or illegal behaviors toward consumers.
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