CFPB Says Some Credit Card Standards Apply To BNPL Firms

By Jon Hill (May 22, 2024, 7:02 AM EDT) -- The Consumer Financial Protection Bureau said Wednesday that shoppers using buy-now, pay-later products are covered by some of the same federal safeguards as those that apply to traditional credit cards, issuing the agency's first-ever guidance directed at this fintech-heavy field of financing....

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