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CFPB Issues Interpretive Rule Classifying BNPL Products as ‘Credit Cards’
The National Law Review· 6 days agoSpecifically, the Rule determines that (i) digital user accounts (“Accounts”) for access to BNPL...
CFPB Applies Credit Card Rules to 'Buy Now, Pay Later' Lenders | JD Supra
JD Supra· 5 days agoGiven that traditional BNPL products do not involve a finance charge and are repayable in four or fewer installments, many provisions of Regulation Z do not apply to BNPL ...
Where to Begin With the CFPB's "Buy Now, Pay Later" Interpretative Rule... | JD Supra
JD Supra· 6 days agoThe Consumer Financial Protection Bureau's interpretative rule provides that traditional "Buy Now, Pay Later" (BNPL) products – closed-end loans that do not have a finance ...
New CFPB Interpretive Rule to Regulate BNPL | JD Supra
JD Supra· 6 days agoThe Consumer Financial Protection Bureau (CFPB ) has issued an interpretive rule stating that Buy Now, Pay Later (BNPL) loan providers are "card issuers ...
CFPB’s New Interpretive Rule Takes Aim at BNPL Payment Plans: Practical Takeaways | JD Supra
JD Supra· 5 days agoProviders of Buy Now, Pay Later (BNPL) payment plans are, for purposes of consumer financial protection laws, lenders subject to some of the same regulatory requirements as credit< ...
Explainer Things: Season 2 Episode 3 | JD Supra
JD Supra· 5 days agoThe star of this episode is of course the Supreme Court’s decision on the future of the CFPB. The case ushered in a bunch of spinoffs in terms of two CFPB actions—an enforcement action against ...
What you need to know as Ohio prepares to launch recreational marijuana sales
Akron Beacon Journal via Yahoo News· 4 days agoCustomers will need to bring an ID to purchase recreational marijuana. It's illegal for dispensaries...
Opinion | Virginia Exits the California EV Way
The Wall Street Journal· 12 hours agoYoungkin frees his state from Gavin Newsom’s gas-powered car ban.
Money market account vs. savings account: What’s the difference?
Bankrate via AOL· 6 days agoComparing savings accounts and money market accounts Both savings...and make bill payments each...
Thousands of Americans fell for a short-term rental scam. Here's how to protect yourself
The Commercial Appeal via Yahoo Finance· 6 days agoStay in communication with the host to build trust and reassure you that the host will be easily...