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‘Regulation is needed;’ New rules could make Buy Now Pay Later apps work more like credit cards
WHIO via Yahoo Finance· 8 hours ago“I do think more regulation is needed here on a few fronts,” Rossman said. The...spending too much,...
CFPB Issues Interpretive Rule Designating BNPL Providers as Card Issuers Subject to Regulation Z |...
JD Supra· 24 hours agoAs a result, such BNPL providers will be subject to certain provisions of Regulation Z. The interpretive rule highlights the CFPB’s expansive view of what ...
Texas judge again transfers lawsuit over card late fee rule to Washington, D.C By Reuters
Investing.com· 5 hours agoU.S. District Judge Mark Pittman in Fort Worth moved swiftly to transfer the lawsuit out of his...
New CFPB Rule Classifies “Buy Now, Pay Later” Lenders as Credit Card Issuers | JD Supra
JD Supra· 24 hours agoOn May 22, 2024, the Consumer Financial Protection Bureau (CFPB) issued an interpretive rule that redefines the regulatory framework for Buy Now, Pay Later (BNPL) lenders, ...
As rewards credit cards face regulation, what are the alternatives?
USA Today· 5 days agoRewards credit cards are not for everyone. There are other ways to pay for travel, including debit...
CFPB Interpretive Rule Holds That BNPL Lenders Are Credit Card Providers | JD Supra
JD Supra· 24 hours agoOn May 22, the CFPB announced an interpretive rule confirming that Buy Now, Pay Later (BNPL) lenders qualify as credit card providers ...
CFPB issues rule to classify BNPL as credit cards - CUInsight
CUInsight.com· 6 days 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· 6 days agoAll your buy now pay later plans might soon be treated as credit card purchases -- at least as it...
Consumer Watchdog: Buy Now, Pay Later Apps Must Play by Same Rules as Credit Cards
Sourcing Journal via Yahoo Finance· 5 days agoThe Consumer Financial Protection Bureau this week issued an interpretive rule establishing BNPL...
US consumer watchdog will apply credit card rules to buy now, pay later companies
Reuters via AOL· 7 days agoConsumer Financial Protection Bureau will apply some credit card consumer protection rules to buy...