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Consumer watchdog to regulate ‘buy now, pay later’ lenders as credit cards
The Hill via Yahoo Finance· 6 days agoThe government’s consumer watchdog moved Wednesday to classify popular “buy now, pay later”...
BNPL: CFPB acts to ensure consumers can dispute charges and obtain refunds
Electronic Payments via Yahoo Finance· 6 days agoAccordingly, BNPL lenders must provide consumers some key legal protections and rights that apply......
Consumer agency: Buy now, pay later companies must adhere to credit card standards
The Day· 6 days agoThe Consumer Financial Protection Bureau says in a new rule that buy now, pay later lenders are...
Federal rules expanded to protect shoppers who buy now, pay later
CBS News via Yahoo Finance· 6 days agoSimilar to credit cards An interpretive rule issued by the agency states that BNPL lenders are...
Buy Now, Pay Later Needs Credit Card-Like Oversight, CFPB Says
Bloomberg· 6 days agoBuy now, pay later lenders such as Block Inc.’s Afterpay, Affirm Holdings Inc. and Klarna Bank AB...
Buy now, pay later apps to be treated more like credit cards in move to protect consumers
CBS Austin· 4 days agoBuy now, pay later services that have proliferated as online shopping has continued to grow more...
Good News for Shoppers Who Love Buy-Now, Pay-Later Programs
Time Magazine· 4 days agoThe Consumer Financial Protection Bureau (CFPB) issued a new interpretive rule on Wednesday that...
CFPB Says Buy Now, Pay Later Firms Must Comply With US Credit Card Laws - Slashdot
Slashdot· 6 days agoThe Consumer Financial Protection Bureau declared on Wednesday that customers of the burgeoning buy now, pay later industry have the same federal protections as users of credit</ ...
CFPB proposes new BNPL protections
Axios· 6 days agoThe rule would formalize conventions that have informally been in place for some time.
Phantom Debt & BNPL: What New Regulations Mean For Pay Later Industry
Forbes· 4 days agoRecent data from the Federal Reserve Bank of New York reveals a troubling trend in credit card...