CFPB Announces Plans to Regulate BNPL Market
Account Recovery
SEPTEMBER 16, 2022
The Consumer Financial Protection Bureau yesterday announced plans to increase its oversight of the Buy Now, Pay Later industry, by issuing guidance or a rule that will more closely align the product with its credit card cousins, and by instituting supervisory examinations of BNPL providers. Use of BNPL products — which allow consumers to make … The post CFPB Announces Plans to Regulate BNPL Market appeared first on AccountsRecovery.net.
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