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CFPB plans to deprioritize ‘Buy Now, Pay Later’ lending activities
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Consumer Protection, Emerging Technology, Industry Regulation, Nonbank Financial
Friday, May 9, 2025
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In the agency’s latest announcement regarding its enforcement and supervisory priorities, the Consumer Financial Protection Bureau said it will not prioritize oversight of “Buy Now, Pay Later” (BNPL) loan providers. The bureau also is considering further action related to its new policy position on BNPL products.
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