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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 agoThe new rule includes the right to dispute charges, and the right to a refund after returning a...
New CFPB Rule Classifies “Buy Now, Pay Later” Lenders as Credit Card Issuers | JD Supra
JD Supra· 23 hours agoThis development represents a pivotal shift as most BNPL products had not previously been subject to the comprehensive requirements of TILA. For purposes of the...
Buy Now, Dispute Later? BNPL To Get Same Consumer Protections As Credit Cards
Investopedia· 7 days agoConsumers who use buy-now-pay-later services should be entitled to some of the same protections that...
Buy now, pay later lenders now have to follow U.S. credit card rules. Here’s what that means
Quartz· 7 days agoOn Wednesday, the U.S. Consumer Financial Protection Bureau (CFPB) published an interpretive rule...
Buy-now-pay-later will be regulated like credit cards under new Biden rule. Here’s what shoppers...
Market Watch· 6 days ago“For billing disputes, consumers have recourse when the merchant gives them the runaround.” While a ...
25% of consumers recently used a buy now, pay later loan, report finds. What to know as they become...
CNBC· 15 hours agoAmericans owe $17.5 trillion across credit cards, mortgages, auto loans and other forms of debt,...
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...
CFPB Issues Interpretive Rule Designating BNPL Providers as Card Issuers Subject to Regulation Z |...
JD Supra· 23 hours agocard issuers” under Regulation Z. As a result, such BNPL providers will be subject to certain provisions of Regulation Z. The interpretive rule highlights the CFPB’s expansive ...
Buy Now, Pay Later Needs Credit Card-Like Oversight, CFPB Says
The Business of Fashion· 7 days agoThe US Consumer Financial Protection Bureau published a new interpretation of existing laws and...
Buy-now, pay-later returns and disputes are about to get federal oversight
NPR· 7 days agoThat's according to the Consumer Financial Protection Bureau, which says it will begin treating...
