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Consumer Financial Protection Bureau (CFPB) › Installment Agreements › Financial Services Industry

Husch Blackwell LLP

Five Things to Know About the New York Buy-Now-Pay-Later Act

Husch Blackwell LLP on

As part of an omnibus 2026 budget bill, New York passed a new law that will broadly govern point-of-sale (POS) installment financing offered to New York residents. The Buy-Now-Pay-Later (BNPL) Act was signed into law in early...more

Cozen O'Connor

CFPB Begins Its Inquiry into the “Buy Now, Pay Later” Credit Industry

Cozen O'Connor on

The CFPB issued market-monitoring orders under the Dodd-Frank Wall Street Reform and Consumer Protection Act to five companies offering “buy now, pay later” credit requiring them to provide information for its examination of...more

Ballard Spahr LLP

CFPB orders five providers of buy-now-pay-later products to provide information

Ballard Spahr LLP on

At the end of last week, the CFPB sent orders to five companies that offer buy-now-pay-later (BNPL) products directing them to provide information to the Bureau. The orders were issued as market monitoring orders under the...more

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