SB 603
Senate·20th Congress·Filed Jul 15, 2025
Anti-Unfair Debt Collection Practices Act
An Act Prohibiting Unfair Debt Collection Practices, Providing Penalties Therefor and for Other Purposes
In plain language
The proposed Anti‑Unfair Debt Collection Practices Act would ban abusive tactics—such as threats, harassment, public shaming, false statements, and contacting borrowers at odd hours—by financing and lending companies or their hired collectors, require those companies to keep borrower data private, disclose any third‑party collectors to regulators and the public, and impose fines that increase up to revoking the company’s license for repeated violations.
Consumer ProtectionBusiness, Trade and IndustryInformation and Communications Technology
Automated summary by BatasWatch. It may miss nuance — read the bill text before citing it.
Author · Senator
Subjects
Anti-Unfair Debt CollectionFinancial Consumer Protection
Official sources
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SBN-603 · Sources: BetterGov Open Congress, BatasWatch