HR6891Referred to Committee

Buy Now, Pay Later Protection Act of 2025

Share:
Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2025-12-18
Introduced
6
Cosponsors
HR
ⓘ
Type

Sponsor

Deborah K. Ross
Deborah K. Ross
Democrat · NC · Representative
Votes with party: 99.0% (606 recorded votes)
Top industries funding sponsor:
  • Progressive Groups$78k
  • Climate & Environment$1k

Full profile: /officials/R000305

Source: Congress.gov · FEC

Cosponsors (6)

Members who have signed on to support this bill since introduction. Source: Congress.gov.

Latest Action

The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →

Referred to the House Committee on Financial Services.

2025-12-18

Source: Congress.gov

Committee Activity

Currently in

Previously

Plain-English Summary

This bill would establish new consumer protections for "buy now, pay later" services—the increasingly popular payment plans that let shoppers split purchases into installments without using a credit card. The legislation would likely require these companies to disclose fees and terms clearly, limit predatory practices, and possibly regulate how they report payment history to credit agencies, similar to protections that already exist for traditional credit products. The rules would affect both the companies offering these services and the millions of consumers using them to make everyday purchases.

AI-assisted summary generated from the official bill metadata (title, subjects, actions) sourced from Congress.gov. Cached and reviewed. Always verify against the official text linked below.

Subjects

Finance and Financial Sector
Full bill text is not yet cached locally.
Open text viewRead on Congress.gov

Related legislation

Bills by the same sponsor or covering overlapping subjects.