Blog posts
November 24, 2024
CFPB Boosts Buy Now, Pay Later Compliance with New Guidance
CFPB's new guidance aims to ensure fair competition in the BNPL market.
New Rules Aim to Protect Consumers from Buy Now, Pay Later Pitfalls
Advocates are pushing for stronger protections for consumers using BNPL loans.
Regulating Buy Now, Pay Later: A New Era for Financial Services
Financial Services Minister Stephen Jones introduces new BNPL regulations mandating credit checks for users.
CFPB Redefines BNPL Loans: A Major Shift Under Regulation Z
The CFPB's new rule treats BNPL digital user accounts as "credit cards," subjecting them to Regulation Z's dispute and refund requirements.
New Rules for "Buy Now, Pay Later": Credit Checks Incoming
Buy now, pay later services like AfterPay will need to conduct credit checks under new legislation.
CFPB Regulates BNPL as Credit Card Issuers
CFPB reclassifies BNPL lenders as "card issuers" under Regulation Z to enhance consumer protections.
Navigating New Rules: BNPL Gets Credit-Card Style Protections
BNPL regulations aim to align consumer protections with those of credit cards, though major providers already practice these safeguards.
CFPB Tightens Reins on Buy Now, Pay Later Industry
CFPB mandates buy now, pay later firms to align with credit card protections.
New Rule Puts 'Buy Now, Pay Later' Under Stricter Scrutiny
The CFPB's new rule levels the playing field for 'buy now, pay later' services and credit card companies.