Banking and Finance Law Daily Wrap Up, CONSUMER CREDIT—CFPB expands ‘buy now pay later’ inquiry, invites public comment, (Jan 13, 2022)

By Colleen M. Svelnis, J.D.

The Bureau has invited comments from any interested party on BNPL products and business practices.

The Consumer Financial Protection Bureau has expanded its inquiry into “buy now pay later” (BNPL) products and business practices, inviting anyone interested in this market to submit comments, including famil ...