On May 22, 2024, the Consumer Financial Protection Bureau (CFPB) issued an interpretive rule stating that providers of “buy now, pay later” (BNPL) products that issue “digital user accounts” to access ...

Yesterday, the Consumer Financial Protection Bureau (CFPB) released an interpretive rule stating that “Buy Now, Pay Later” (BNPL) providers are “card issuers” and “creditors” under the federal Truth ...

Part of the Truth in Lending Act, Regulation Z helps consumers understand the true cost of borrowing money and protects them from misleading or harmful lending practices. Regulation Z applies to many ...