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CFPB says buy now, pay later firms must comply with U.S. credit card laws
CNBC· 10 hours agoRohit Chopra, director of the CFPB, testifies during a House Financial Services Committee hearing on...
Consumer agency: Buy-now, pay-later firms must offer refunds, provide other rights
United Press International via Yahoo Finance· 6 hours agoA new Consumer Financial Protection Bureau rule interpretation issued Wednesday gives buy -now,...
Federal Agency Cracks Down on Buy Now, Pay Later — What Does It Mean for Shoppers?
Fashionista via Yahoo Finance· 29 minutes ago"Regardless of whether a shopper swipes a credit card or uses Buy Now, Pay Later, they are entitled...
BNPL: CFPB acts to ensure consumers can dispute charges and obtain refunds
Electronic Payments via Yahoo Finance· 8 hours agoOr whether the lender will help them if they didn’t get what was promised,” said CFPB Director Rohit...
CFPB tightens rules for buy now, pay later lenders
FOX Business· 3 hours ago"When consumers check out and choose Buy Now, Pay Later, they don’t know if they will get a refund if they return their product or whether the lender...
Consumer watchdog to regulate ‘buy now, pay later’ lenders as credit cards
The Hill via AOL· 5 hours agoThe government’s consumer watchdog moved Wednesday to classify popular “buy now, pay later”...
Chopra says he is ‘open to’ reviewing the LO comp rule
HousingWire via Yahoo Finance· 2 days agocommission compensation and innovation Rohit Chopra, director of the Consumer Financial Protection...
As CFPB Targets BNPL Firms, Some Consumer ‘Protections’ Are Already in Place
PYMNTS.com· 3 hours agoThe Consumer Financial Protection Bureau — with the wind of the recent Supreme Court ruling at the...
CFPB Says BNPL Must Provide Consumer Protections Offered by Credit Cards
PYMNTS.com· 6 hours ago“Regardless of whether a shopper swipes a credit card or uses buy now, pay later, they are entitled...
CFPB Goes on Offense, Faces New Challenges After High Court Win
Bloomberg Law· 12 hours agoIts director, Rohit Chopra, said enforcement is now “firing on all cylinders.” The Supreme Court’s decision will have immediate and significant impact on ...