Buy Now, Pay Later Protection Act of 2025
In committee: it can still change before the session ends.
- Stage
- In committee
- Started in
- Senate
- Sponsors
- 5
- Latest action
- Dec 18, 2025
What it does
The Buy Now, Pay Later Protection Act of 2025 would amend the Truth in Lending Act and the Consumer Financial Protection Act of 2010 to extend federal consumer protections to buy now, pay later (BNPL) loans, defining them as closed-end consumer loans repaid in up to four interest-free installments with no finance charge. The bill would require BNPL lenders to comply with disclosure, billing error resolution, and supervisory requirements similar to those for credit cards, and would direct the Consumer Financial Protection Bureau to issue implementing rules within one year of enactment. It affects consumers using BNPL services and the lenders offering such loans, bringing them under federal…
No official summary is available here. This one was written by AI from the bill’s text.
Where it stands
Introduced (Done)
Committee (Current step)
Floor (Not started)
Law (Not started)
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
Where it goes next
While a bill can still move, the questions are about people and money.