CFPB study highlights need for “Buy Now, Pay Later” rules

CFPB study highlights need for “Buy Now, Pay Later” rules

The Consumer Financial Protection Bureau (CFPB) is preparing to put in place the same type of strict protections that it places on credit card companies in the “Buy now, pay later” (BNPL) sector, following the publication of a recent study on the practice. Officials said their findings revealed a booming industry that not only had …

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