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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· 2 days ago“I do think more regulation is needed here on a few fronts,” Rossman said. The...spending too much,...
As rewards credit cards face regulation, what are the alternatives?
USA Today· 6 days agoRewards credit cards are not for everyone. There are other ways to pay for travel, including debit...
CFPB Issues Interpretive Rule Designating BNPL Providers as Card Issuers Subject to Regulation Z |...
JD Supra· 2 days 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 ...
Consumer Watchdog: Buy Now, Pay Later Apps Must Play by Same Rules as Credit Cards
Sourcing Journal via Yahoo Finance· 7 days agoThe Consumer Financial Protection Bureau this week issued an interpretive rule establishing BNPL...
New CFPB Rule Classifies “Buy Now, Pay Later” Lenders as Credit Card Issuers | JD Supra
JD Supra· 2 days 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, ...
The CFPB Determines "Buy Now, Pay Later" Providers Are Card Issuers under Regulation Z | JD Supra
JD Supra· 6 days agoYesterday, the Consumer Financial Protection Bureau (CFPB) released an interpretive rule stating that “Buy Now, Pay Later” (BNPL) providers are “card issuers ...
CFPB Interpretive Rule Holds That BNPL Lenders Are Credit Card Providers
The National Law Review· 6 days agoOn May 22, the CFPB announced an interpretive rule confirming that Buy Now, Pay Later (BNPL) lenders...
Credit Card Late Fee Suit’s Transfer to Washington Put on Hold
Bloomberg Law· 20 hours agoJudge Mark Pittman of the US District Court... of Texas transferred the case to the federal district court in Washington late Tuesday, noting that no banks subject to the rule
New rule extends credit card protections to buy now, pay later purchases
KOMO Seattle· 4 days agoBeginning later this year, consumers who use Buy Now, Pay Later (BNPL) services should have an...
Buy now, pay later companies must adhere to credit card rules
Los Angeles Times· 4 days agoBuy now, pay later companies must provide consumers with the same legal rights and protections as ...