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CFPB says buy now, pay later firms must comply with U.S. credit card laws
CNBC· 6 days agoRohit Chopra, director of the CFPB, testifies during a House Financial Services Committee hearing on...
Consumer agency: Buy-now, pay-later firms must offer refunds, provide other rights
United Press International via Yahoo Finance· 5 days agoA new Consumer Financial Protection Bureau rule interpretation issued Wednesday gives buy -now,...
Good News for Shoppers Who Love Buy-Now, Pay-Later Programs
Time Magazine· 3 days agoThe Consumer Financial Protection Bureau (CFPB) issued a new interpretive rule on Wednesday that...
Consumer agency: Buy now, pay later companies must adhere to credit card standards
The Day· 5 days agoConsumer Financial Protection Bureau Director Rohit Chopra speaks from the South Court Auditorium on...
CFPB Director Targets Credit Reporting Fees
The National Law Review· 3 days agoThe CFPB is continuing its crusade against so called “junk fees,” and now is looking at crediting reporting fees. In a May 20 speech to the Mortgage Bankers Association, Director Rohit ...
Buy-now-pay-later will be regulated like credit cards under new Biden rule. Here’s what shoppers...
Market Watch· 5 days agoThe announcement “means that consumers should receive disclosures that lay out fees, pricing...
CFPB Says BNPL Must Provide Consumer Protections Offered by Credit Cards
PYMNTS.com· 5 days ago“Regardless of whether a shopper swipes a credit card or uses buy now, pay later, they are entitled...
Consumer watchdog to regulate ‘buy now, pay later’ lenders as credit cards
The Hill via Yahoo Finance· 5 days agoThe government’s consumer watchdog moved Wednesday to classify popular “buy now, pay later”...
Buying Now to Pay Later? Credit Card Protections Now Apply | Entrepreneur
Entrpreneur· 5 days agoA federal financial protection watchdog says Buy Now, Pay Later (BNPL) companies must now provide...
Consumer Watchdog: Buy Now, Pay Later Apps Must Play by Same Rules as Credit Cards
Sourcing Journal via Yahoo Finance· 4 days agoThe Consumer Financial Protection Bureau this week issued an interpretive rule establishing BNPL...