; (2) by redesignating subsections (d) and (e) as subsections (e) and (f), respectively; and (3) by inserting before subsection (e), as redesignated by paragraph (2), the following new subsection (d): (d) Educational income share agreements (1) In general An educational income share agreement shall be considered to be in compliance with the requirements of subsection (a) if such agreement is compliant with the requirements of section 102(b) of the ISA Student Protection Act of 2023 . (2) Interest rate In carrying out paragraph (1) of this subsection, the interest rate referred to in section 102(b) of such Act shall be deemed to be the rate of interest specified in subsection (a) of this section. . 507. Preservation of consumers’ claims and defenses (a) Application of Holder in Due Course Rule to income share agreements Beginning on January 1, 2024, for purposes of applying part 433 of title 16, Code of Federal Regulations (commonly known as the Holder in Due Course Rule or the Holder Rule ), the term consumer credit contract , as defined in section 433.1 of such title, shall include income share agreements that— (1) involve the advancing of funds to, or on behalf of, a consumer in return for the consumer’s agreement to an income share agreement; and (2) are related, in whole or substantial part, to a purchase of goods or services from a seller who— (A) refers the consumer to the provider of the income share agreement