On January 13, the CFPB published a report analyzing consumers’ use of Buy Now, Pay Later (BNPL) loan products. This latest report builds on ...

The CFPB's research, which was released Monday, comes after the CFPB issued an interpretive rule last May that requires BNPL lenders to provide the same consumer protections as credit cards. It is ...

The Consumer Financial Protection Bureau’s supervisory actions in the areas of buy now, pay later and earned wage access financing were highlighted for the first time in an agency review of the ...

The Consumer Financial Protection Bureau (CFPB) has released data highlighting that more than one-fifth of buy now pay later (BNPL) borrowers with a credit record used BNPL loans in 2022 ...

During the week of January 6, the CFPB released a “second” Winter 2024 Supervisory Highlights, focused on the agency’s most ...

Consumers who use BNPL take out multiple loans and have more personal debt than consumers who don’t use the payment method, according to a new report from the Consumer Financial Protection Bureau.

Payments innovator Klarna has announced a partnership with Stripe that enhances the company’s global reach. As a result of ...

If you frequently rely on Buy Now Pay Later (BNPL) schemes to cover your needs—and even your wants—you may want to take note ...

Borrowers with subprime or deep subprime credit scores make up the majority of Buy Now, Pay Later (BNPL) originations, the CFPB said, in a new ...

"Buy now, pay later" (BNPL) programs have become a popular form of consumer payment. It is a type of short-term ...