Earned Wage Access Consumer Protection Act

This bill establishes federal rules to protect workers who use earned wage access services, which allow employees to receive a portion of their pay before their regular paycheck date. It requires providers to always offer a free option for accessing wages alongside any paid options and mandates clear, upfront disclosures about fees, access limits, and the voluntary nature of any tips. The legislation also prohibits providers from sharing fees with employers, using debt collection tactics to recover unpaid amounts, or discriminating against consumers based on protected characteristics. Additionally, the bill prevents providers from treating these services as credit or loans under federal law and gives the Consumer Financial Protection Bureau authority to create specific regulations within 180 days of enactment.