Interpretive Rule news and trends

BNPL Regulation Debate Heats Up as Comment Period Closes

July 31, 2024
Interviews & Exclusives
BNPL Regulation Debate Heats Up as Comment Period Closes

July 31, 2024
Klarna argues for a bespoke regulatory framework, while AARP supports the rule, emphasizing the need for consumer protections as buy now, pay later (BNPL) usage grows among older Americans. Time has expired for companies looking to comment on the Consumer Financial Protection Board’s (CFPB) interpretive ruling on BNPL plans. With the CFPB holding options open […]