Bill > SB1103

This bill expresses the California Legislature's intent to create new laws concerning "buy now, pay later" credit programs, which are payment plans that allow consumers to purchase goods or services and pay for them in installments, often with no interest if paid on time. The bill itself does not enact specific regulations but signals a legislative intention to address these types of consumer finance arrangements, which are currently not as extensively regulated as traditional loans under the California Financing Law.

https://leginfo.legislature.ca.gov/faces/billStatusClient.xhtml?bill_id=202520260SB1103