1. Short title This Act may be cited as the Consumer Protection Relief Fund Act or the CPR Fund Act . 2. Definitions In this Act: (1) Administrator The term Administrator means the Administrator of the CDFI Fund. (2) CDFI Fund The term CDFI Fund means the Community Development Financial Institutions Fund. (3) Closed-end installment loan The term closed-end installment loan — (A) means a loan— (i) extended at a set amount; and (ii) repaid by the borrower with a fixed amount over a limited number of payment periods; and (B) does not include a student, auto, or mortgage loan. (4) Fund The term Fund means the Consumer Protection Relief Fund established under section 3. (5) Covered amount (A) In general With respect to a qualified loan, the term covered amount means— (i) 95 percent of the outstanding principal balance and accrued interest on the loan (not including any late payment or other fees charged to the loan), minus (ii) any previously charged fees above 36 percent of the annual percentage rate. (B) Calculation of APR For purposes of subparagraph (A), the annual percentage rate shall be calculated using the method provided under section 232.4(c) of title 32, Code of Federal Regulations, for the calculation of the military annual percentage rate. (6) Qualified loan The term qualified loan means an extension of a closed-end installment loan— (A) to a vulnerable borrower; (B) with respect to which the borrower has made an attestation to the holder of the loan that the borrower is experiencing financial difficulty in repaying the loan due to the impact of COVID–19; and (C) under which the loan terms— (i) do not contain negative amortization, interest-only payments, or balloon payments; (ii) do not provide for an automatic renewal; and (iii) do not contain a prepayment penalty. (7) Vulnerable borrower The term vulnerable borrower means a consumer who— (A) has an income that is 80 percent or less of the median income for the area in which the consumer lives; (B) has— (i) a FICO score under 675