Yana Britan Tanck

Yana Britan Tanck

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CFPB Applies Consumer Credit Card Protections to Buy Now, Pay Later Plans

Buy Now, Pay Later (“BNPL”) payments are often presented by retailers and BNPL lenders to consumers as an alternative to traditional credit card payments. After close scrutiny of industry practices for several years, the...more

6/4/2024  /  Buy Now Pay Later (BNPL) , Compliance , Consumer Financial Products , Consumer Financial Protection Bureau (CFPB) , Consumer Lenders , Credit Cards , Final Rules , Financial Services Industry , Retailers , Truth in Lending Act (TILA)
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