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CFPB says buy now, pay later firms must comply with U.S. credit card laws
CNBC· 4 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· 56 minutes agoA new Consumer Financial Protection Bureau rule interpretation issued Wednesday gives buy -now,...
CFPB Says BNPL Must Provide Consumer Protections Offered by Credit Cards
PYMNTS.com· 54 minutes ago“Regardless of whether a shopper swipes a credit card or uses buy now, pay later, they are entitled...
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...
CFPB Goes on Offense, Faces New Challenges After High Court Win
Bloomberg Law· 7 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 ...
The CFPB Turns its Focus to Credit Card Reward Programs
The National Law Review· 3 hours agoThe Consumer Financial Protection Bureau (CFPB or Bureau) released a new report spotlighting common...
Americans to get one-time payment from $384m pot after company 'deceived' them
The US Sun· 7 days agoThink Finance reportedly tricked consumers into repaying loans they didn't owe. The Consumer...
Buy-now, pay-later returns and disputes are about to get federal oversight
NPR· 4 hours ago"The CFPB wants to make sure that these new competitive offerings are not gaining an advantage by...
Affirm, Klarna, and Afterpay’s ‘pay in four’ products will now have credit card-like protections
Fast Company Magazine· 2 hours agoThe U.S. Consumer Financial Protection Bureau will apply some credit card consumer protection rules...
BNPL: CFPB acts to ensure consumers can dispute charges and obtain refunds
Electronic Payments via Yahoo Finance· 3 hours agoOr whether the lender will help them if they didn’t get what was promised,” said CFPB Director Rohit...