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SB3561Introduced in the Senate

Buy Now, Pay Later Protection Act of 2025

IntroducedSenate Banking, Housing, And Urban Affairs

Introduced by Jack Reed, District RI

What does this bill do?

Plain-English breakdown

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Official description

A bill to amend the Truth in Lending Act and the Consumer Financial Protection Act of 2010 to apply certain protections and oversight to buy now, pay later loans, and for other purposes.

Where it stands

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S8923)

December 18, 2025

How did lawmakers vote?

No recorded vote is available for this bill yet.

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Bill history

  1. Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S8923)

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