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Newman’s bill would prevent ‘predatory’ debt collectors from accessing PPP loans

April 8, 2021
In The News

Newman, D-La Grange, introduced the bill with Rep. Suzanne Bonamici, an Oregon Democrat. Newman said such debt collectors have “violated consumers’ rights” and have received millions of dollars in forgivable PPP loans. “Throughout this pandemic, we’ve seen how predatory debt collectors and lenders have taken advantage of this economic crisis by collecting PPP loans that are intended for America’s small businesses, who need the relief and support the most,” Newman said in the release.