To amend the Truth in Lending Act to include buy now, pay later loans and issuers of such loans in the definition of credit card and credit issuer, respectively, and for other purposes.

This bill would change an existing lending law so that "buy now, pay later" plans — where you split a purchase into smaller payments over time — would be treated the same as credit cards under the law. The companies offering these plans would also be considered credit issuers, meaning they would have to follow the same rules that credit card companies follow. No official summary is available for this bill.

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