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Buy Now, Pay Later Needs Credit Card-Like Oversight, CFPB Says
The Business of Fashion· 2 hours agoThe US Consumer Financial Protection Bureau published a new interpretation of existing laws and...
Affirm, Klarna, and Afterpay’s ‘pay in four’ products will now have credit card-like protections
Fast Company Magazine· 4 hours agoThe U.S. Consumer Financial Protection Bureau will apply some credit card consumer protection rules...
Consumer watchdog to regulate ‘buy now, pay later’ lenders as credit cards
The Hill· 2 hours agoThe government’s consumer watchdog moved Wednesday to classify popular “buy now, pay later” applications as credit cards, which would extend customer protections to millions ...
Buy now, pay later lenders now have to follow U.S. credit card rules. Here’s what that means
Quartz· 4 hours agoThe Wild West of buy-now, pay-later systems is getting reined in. On Wednesday, the U.S. Consumer...
US consumer watchdog will apply credit card rules to buy now, pay later companies
Reuters· 7 hours agoThe U.S. Consumer Financial Protection Bureau will apply some credit card consumer protection rules...
JD Supra: CFPB’s Frotman speaks on medical debt collections and rental financial products
JD Supra· 21 minutes agoAs to medical billing, collections, and credit reporting, Frotman noted that the CFPB has received more than 15,000 complaints in the past two years, as explained previously ...
How to report your rent payments to credit bureaus
AOL· 5 days agoRent payments are not typically reported to credit bureaus, so they do not have a direct impact on your credit score. There are services ...
BNPL: CFPB acts to ensure consumers can dispute charges and obtain refunds
Electronic Payments via Yahoo Finance· 5 hours agoThe Consumer Financial Protection Bureau (CFPB) has issued an interpretive rule confirming that BNPL...
BNPL: CFPB acts to ensure consumers can dispute charges and obtain refunds
Retail Banker International via Yahoo Finance· 5 hours agoThe Consumer Financial Protection Bureau (CFPB) has issued an interpretive rule confirming that BNPL...
US consumer watchdog will apply credit card rules to buy now, pay later companies
WHTC 1450 Holland· 6 hours agoBy Hannah Lang (Reuters) - The U.S. Consumer Financial Protection Bureau will apply some credit card...