Search results
Buy now, pay later companies must adhere to credit card standards, CFPB says - Maryland Daily Record
The Daily Record· 4 days agoThe agency began an inquiry into the short-term lending industry two years ago, and it issued the...
SCOTUS Upholds CFPB Funding: Are We One Step Closer to Tyranny? (Yep).
The National Law Review· 4 days agoDemocrats are scared of Trump and his fascist tendencies. The headline here is pretty mundane–...
Buy Now, Pay Later Needs Credit Card-Like Oversight, CFPB Says
Bloomberg· 5 days agoBuy now, pay later lenders such as Block Inc.’s Afterpay, Affirm Holdings Inc. and Klarna Bank AB...
Despite Consumer Watchdog's Supreme Court Win, CFPB Powers Still on Chopping Block
Insurance Journal· 7 days agoThe court on Thursday upheld the CFPB’s funding mechanism—drawing money annually from the Federal...
JD Supra: CFPB: For-Profit School Misrepresented ISAs, Made False Claims About Grads’ Employment...
JD Supra· 2 days agoInstitute of Technology, and its CEO, Austen Allred, for mischaracterizing BloomTech’s income-share agreements (ISAs) and misrepresenting its graduates’ employment rates. According to the < ...
CFPB Wins at the Supreme Court | JD Supra
JD Supra· 7 days agoOn May 16, the United States Supreme Court, in a 7-2 ruling, held that the CFPB’s funding mechanism does not violate the Appropriations Clause of the U.S. Constitution. As ...
Opinion | The CFPB’s Pyrrhic Supreme Court Victory
The Wall Street Journal· 6 days agoThe Constitution allows the Federal Reserve’s profits to fund the bureau. But the Fed has no profits.
US consumer watchdog will apply credit card rules to buy now, pay later companies
Reuters via Yahoo Finance· 5 days agoThe sector has become a major source of credit, but lacks a federal oversight framework. Under an...
Consumer Watchdog: Buy Now, Pay Later Apps Must Play by Same Rules as Credit Cards
Sourcing Journal via Yahoo Finance· 3 days agoThe Consumer Financial Protection Bureau this week issued an interpretive rule establishing BNPL...
Federal Agency Cracks Down on Buy Now, Pay Later — What Does It Mean for Shoppers?
Fashionista via Yahoo Finance· 4 days ago"We have long supported and called for bespoke, proportionate BNPL regulation that fits the unique...