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HR 9275·Federal·house

Buy Now Pay Later Consumer Protection Act of 2026

In CommitteeFiled Jun 11, 2026
Sponsor: Rep. Goldman, Daniel S. [D-NY-10] (D)
Latest Action

Referred to the House Committee on Financial Services.

Jun 11, 2026

Summary

The bill changes the definition of a credit card and credit issuer to include buy‑now‑pay‑later (BNPL) loans and the firms that offer them. By doing so, BNPL products must follow the same disclosure and consumer‑protection rules as traditional credit cards. This gives shoppers clearer information about short‑term, interest‑free financing.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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