Consumer watchdog classifies ‘buy now, pay later’ apps as credit cards

The Washington Poston The Washington Post

Consumer watchdog classifies ‘buy now, pay later’ apps as credit cards

The move will give consumers better guarantees related to returns and cancellations, the Consumer Financial Protection Bureau said Wednesday.

Source link : https://www.washingtonpost.com/business/2024/05/22/buy-now-pay-later-regulations/

Author : Aaron Gregg, Jaclyn Peiser

Publish date : 2024-05-22 17:20:57

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See also ‘This is Cecil. He has never done anything bad in his life until he ate $4,000.’

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