CFPB Announces Intention to Regulate BNPL Following Release of Consumer Impact Report
Retail TouchPoints
SEPTEMBER 17, 2022
Apparel and beauty companies accounted for 80.1% with late payments, fees, etc.]. All financial services, particularly all credit product innovation, tends to go from being lightly regulated to being more regulated as consumers interact with it.”. of BNPL transactions in 2019 but fell to 58.6% in 2020; A total of 13.7%
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