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Massachusetts AG Forces Fintech from State as Part of “True Lender” Settlement
The National Law Review· 9 hours agoOn May 21, the Massachusetts Attorney General entered into an Assurance of Discontinuance (“AOD”)...
The CFPB Determines "Buy Now, Pay Later" Providers Are Card Issuers under Regulation Z | JD Supra
JD Supra· 23 hours agoYesterday, the Consumer Financial Protection Bureau (CFPB) released an interpretive rule stating that “Buy Now, Pay Later” (BNPL) providers are “card issuers” and “
Sen. Schumer calls for $8 cap on credit card late fees in wake of Supreme Court ruling on CFPB
New York Daily News· 5 days agoChuck Schumer urged Sunday, after the U.S. Supreme Court found the federal Consumer Financial...
Buy now, pay later services have to act more like credit card providers now
The Verge· 1 day agoBuy now, pay later services — or BNPL for short — are now beholden to some of the same rules as ...
Buy now, pay later companies must adhere to credit card standards, consumer agency says
San Francisco Chronicle· 2 days agoBuy now, pay later companies must provide consumers with the same legal rights and protections as ...
Learn What Happens When You Max Out Your Business Credit Card
The Motley Fool via AOL· 2 days agoMaxing out the card could impact either your business's credit score (yes, it has its own), your...
As rewards credit cards face regulation, what are the alternatives?
USA TODAY· 20 hours agoYou're probably just as likely to pay an absurdly high interest rate and add to that $1 trillion in credit card debt as you are to get a "free" airline ticket. The government ...
Buy now, pay later companies must adhere to credit card standards, CFPB says - Maryland Daily Record
The Daily Record· 2 days agoBuy now, pay later companies must provide consumers with the same legal rights and protections as ...
93-year-old Portland man pickpocketed; Thieves used credit cards to buy $100s in giftcards
KATU Portland· 21 hours agoA 93-year-old Portland man was pickpocketed in NE Portland earlier this month, and suffered hundreds...
Sen. Schumer calls for $8 cap on credit card late fees in wake of Supreme Court ruling on CFPB
NY Daily News via Yahoo Finance· 5 days agoCredit card late fees should be capped at $8, Senate Majority Leader Chuck Schumer urged Sunday, after the U.S. Supreme Court found the federal Consumer Financial Protection ...