H.R. 8857 · 116th Congress
Consumer Protection Relief Fund Act
- Stage
- In committee
- Sponsor
- Stephen Lynch
- Introduced
- 2020-12-03
- Latest action
- 2020-12-03 · Introduced in House
Summary
Consumer Protection Relief Fund Act or the CPR Fund Act
This bill establishes the Consumer Protection Relief Fund for vulnerable borrowers experiencing financial difficulty in repaying specified loans due to the impact of COVID-19 (i.e., coronavirus disease 2019). Aggregate payments with respect to a borrower may not exceed $9,500.