# 116-hr-6544: Payday and Predatory Loans Moratorium Act of 2020

116-hr-6544, Payday and Predatory Loans Moratorium Act of 2020, is a 116th Congress bill sponsored by Rep. Meeks, Gregory W. [D-NY-5] (D-NY); status Referred to the House Committee on Financial Services. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/116-hr-6544
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 116-hr-6544
- Congress: 116
- Title: Payday and Predatory Loans Moratorium Act of 2020
- Status: Referred to the House Committee on Financial Services.
- Introduced: 2020-04-17
- Sponsor: Rep. Meeks, Gregory W. [D-NY-5] (D-NY)
- Cosponsors: 0
- Policy area: Finance and Financial Sector
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Payday and Predatory Loans Moratorium Act of 2020 This bill prohibits for one year efforts by a lender to collect on certain debts owed by a borrower affected by the COVID-19 (i.e., coronavirus disease 2019) pandemic. Specifically, lenders are prohibited from collection efforts against such a borrower with respect to (1) a loan with a nominal interest rate of 36% or more, and (2) a loan which the lender did not determine was affordable while allowing the borrower to meet basic living expenses and major financial obligations.

## Related bills

- 116-hr-8899: Transatlantic Te­le­com­mu­ni­ca­tions Security Act
- 116-hr-8801: Air America Act of 2020
- 116-hr-8707: Middle East Advanced Military Technology Protection Act
- 116-hr-8662: Accelerating Access to Critical Therapies for ALS Act
- 116-hr-8626: Energy Resilient Communities Act
- 116-hr-8566: To require the Board of Governors of the Federal Reserve System and the Securities and Exchange Commission to carry out a study on the racial gap in stock owne…

## Sources
- [116-hr-6544 on Congress.gov](https://www.congress.gov/bill/116th-congress/house-bill/6544)

## Related
- [116-hr-8899: Transatlantic Te­le­com­mu­ni­ca­tions Security Act](https://policyrisk.com/legislation/116-hr-8899)
- [116-hr-8801: Air America Act of 2020](https://policyrisk.com/legislation/116-hr-8801)
- [116-hr-8707: Middle East Advanced Military Technology Protection Act](https://policyrisk.com/legislation/116-hr-8707)
- [116-hr-8662: Accelerating Access to Critical Therapies for ALS Act](https://policyrisk.com/legislation/116-hr-8662)
- [116-hr-8626: Energy Resilient Communities Act](https://policyrisk.com/legislation/116-hr-8626)
- [116-hr-8566: To require the Board of Governors of the Federal Reserve System and the Securit…](https://policyrisk.com/legislation/116-hr-8566)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/116-hr-6544 (as of 2025-11-18).