Consumers May Have Fewer Protections When Using Buy-Now-Pay-Later Plans

Key Takeaways The CFPB will not prioritize enforcing a Biden-era rule that gave consumers the same rights with buy-now-pay-later companies as they do with credit cards.The action was the latest in a ... Read More

Buy Now, Pay Later firms push back against consumer protection rules

The Consumer Financial Protection Bureau (CFPB) may rescind proposed rules treating Buy Now, Pay Later (BNPL) services like credit cards, citing resource c ... Read More

Trump's CFPB drops enforcement of buy now, pay later rule in latest rollback of consumer protections

The CFPB said Tuesday it will stop enforcing a Biden-era rule treating buy now, pay later firms like credit card lenders. Read More

Buy now, pay later firms catch a break as CFPB backs off enforcement

The U.S. Consumer Financial Protection Bureau (CFPB) signaled a softer regulatory approach last month, easing its investigation of financial firms following the U.S. government's broader efforts under ... Read More

More Americans are financing groceries with buy now, pay later loans — and more are paying those bills late, survey says

Consumers are using buy now, pay later plans to pay for essentials such as groceries, as concerns around the economy grow. Read More

Buy Now, Dispute Later? BNPL To Get Same Consumer Protections As Credit Cards

He's also worked at U.S. 1, Community News Service and ... is imposing new regulations on buy-now-pay-later plans. The government’s consumer watchdog is granting customers the protections ... Read More

Buy now, pay later companies must adhere to credit card standards, consumer agency says

Buy now, pay later companies must provide consumers with the same legal rights and protections as credit card lenders do, the Consumer Financial Protection Bureau said Wednesday in a new rule. Read More

Why Gen Z Consumers Prefer “Buy Now, Pay Later”

Getty Images According to a tracking study released by the research company PYMNTS, “Buy Now, Pay Later” services ... BNPL services and apps offer consumers more choice when it comes to ... Read More

Services That Allow You to Buy Now, Pay Later

Is this buy now pay later model, often called BNPL, a payment method you should try? It really depends ... will only grow, with more and more retailers allowing consumers to pay with BNPL services. Read More