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CFPB Updates Rules For BNPL Providers, Creates Same Protections For Consumers As Credit Cards |...
Crowdfund Insider· 1 hour agoYesterday, the Consumer Financial Protection Bureau (CFPB) issued an interpretive rule impacting buy now pay later (BNPL) providers. BNPL providers have emerged as a popular ...
‘This is just the beginning of CFPB regulation of the BNPL industry’ – regulatory experts
Retail Banker International via Yahoo Finance· 7 hours agoHowever, watch this space and watch the bad debt treatment unwind – the blatant stunt of comparing...
CFPB issues rule to classify BNPL as credit cards - CUInsight
CUInsight.com· 3 hours agoThe CFPB Wednesday announced an interpretive rule to apply some, but not all, of the consumer...
Buy Now, Pay Later Plans Must Follow Credit Card Rules, Says CFPB
CNET· 3 hours agoAll your buy now pay later plans might soon be treated as credit card purchases -- at least as it...
Buy now, pay later companies must adhere to credit card standards, CFPB says - Maryland Daily Record
The Daily Record· 2 hours agoThe agency began an inquiry into the short-term lending industry two years ago, and it issued the...
CFPB takes on BNPL
The Hill· 17 hours agoThe CFPB says the move will bring “consistency” to the market. “Buy now, pay later” programs, also known as BNPL, allow consumers to pay for products in...
CFPB tightens rules for buy now, pay later lenders
FOX Business· 22 hours agoThe Consumer Financial Protection Bureau (CFPB) announced Wednesday it will impose some of the same rules on buy now, pay later (BNPL) lenders that apply...
Opinion: Supreme Court ruling sets precedent for future political farce
San Jose Mercury News· 4 hours agoThe result isn’t wrong, and should even have been expected; but the implicit invitation to Congress...
BNPL: CFPB acts to ensure consumers can dispute charges and obtain refunds
Electronic Payments via Yahoo Finance· 1 day agoOr whether the lender will help them if they didn’t get what was promised,” said CFPB Director Rohit...
CFPB Says BNPL Must Provide Consumer Protections Offered by Credit Cards
PYMNTS.com· 1 day ago“Regardless of whether a shopper swipes a credit card or uses buy now, pay later, they are entitled...