Sen. Reed Introduces Buy Now, Pay Later Protection Act
Bill Intros-Senate
Copyright © Targeted News Service, 2026
Copyright © Targeted News Service, 2026
2026-01-24
Bailey Malota
WASHINGTON, Jan. 24 -- Sen. Jack Reed, D-RI, has introduced the Buy Now, Pay Later Protection Act, aimed at enhancing consumer safeguards for buy now, pay later (BNPL) loans. This legislation seeks to amend the Truth in Lending Act and the Consumer Financial Protection Act of 2010 to provide essential protections and oversight for consumers utilizing this increasingly popular payment option.
The rise of BNPL services has transformed how consumers make purchases, allowing them to acq . . .
TARGETED NEWS SERVICE (founded 2004) features non-partisan 'edited journalism' news briefs and information for news organizations, public policy groups and other organizations. For more information contact MYRON STRUCK, editor, editor@targetednews.com, Springfield, Virginia; 703/304-1897; https://targetednews.com
WASHINGTON, Jan. 24 -- Sen. Jack Reed, D-RI, has introduced the Buy Now, Pay Later Protection Act, aimed at enhancing consumer safeguards for buy now, pay later (BNPL) loans. This legislation seeks to amend the Truth in Lending Act and the Consumer Financial Protection Act of 2010 to provide essential protections and oversight for consumers utilizing this increasingly popular payment option.
The rise of BNPL services has transformed how consumers make purchases, allowing them to acq . . .
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TARGETED NEWS SERVICE (founded 2004) features non-partisan 'edited journalism' news briefs and information for news organizations, public policy groups and other organizations. For more information contact MYRON STRUCK, editor, editor@targetednews.com, Springfield, Virginia; 703/304-1897; https://targetednews.com
