'Buy Now, Pay Later' Rule Adds To Retailer Compliance Obligations

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The Consumer Financial Protection Bureau's interpretive rule for Buy Now, Pay Later products classifies them as "credit cards" and their providers as "card issuers"...

United States Finance and Banking

The Consumer Financial Protection Bureau's interpretive rule for Buy Now, Pay Later products classifies them as "credit cards" and their providers as "card issuers" and "creditors" under the Truth in Lending Act and Regulation Z. The rule is now in effect.

Continue reading the full article, published by Bloomberg Law August 27, 2024.

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'Buy Now, Pay Later' Rule Adds To Retailer Compliance Obligations

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Finance and Banking

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