US consumer watchdog will apply credit card rules to buy now, pay later companies

US consumer watchdog will apply credit card rules to buy now, pay later companies

May 22, 2024 / Riah Marton /



THE US Consumer Financial Protection Bureau (CFPB) will apply some credit card consumer protection rules to buy now, pay later (BNPL) lenders, the agency said on Wednesday (May 22), in a bid to impose more oversight on the fast-growing sector.

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Riah Marton

I'm Riah Marton, a dynamic journalist for Forbes40under40. I specialize in profiling emerging leaders and innovators, bringing their stories to life with compelling storytelling and keen analysis. I am dedicated to spotlighting tomorrow's influential figures.

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