S. 3561: Buy Now, Pay Later Protection Act of 2025

S. 3561 is a federal bill in the 119th Congress. Before this bill, short-term installment loans known as buy now, pay later loans did not carry the same federal consumer protections and dispute rights as traditional credit cards, meaning consumers faced fewer federal safeguards if something went wrong… See its sponsors, how members voted, and a plain-English breakdown on PolityLens.