The parties jointly requested to stay the case pending revocation of the rule. Putting It Into Practice: The CFPB’s withdrawal of the BNPL interpretive rule signals a lighter regulatory touch on ...

The CFPB intends to revoke its Buy Now, Pay Later interpretive rule, according to a status report and joint motion to stay filed by the Bureau and ...

“We applaud the CFPB for committing to revoke the Buy Now Pay Later (BNPL) interpretive rule,” FTA President and CEO Penny Lee said Friday in an emailed statement. “This interpretive rule ...

"We were encouraged by the CFPB's proposed interpretive rule on BNPL and appreciated the bureau's effort to ... with regard to any penalties or fines associated with the Payment Withdrawal provisions ...

The Consumer Financial Protection Bureau (CFPB) is poised to abandon its interpretive rule that would have subjected buy now, pay later (BNPL) “pay-in-four” lenders to the same regulatory ...

The Consumer Financial Protection Bureau is set to perform another U-turn, dropping an interpretive rule declaring that pay-in-four BNPL lenders should be treated in the same way as credit cards.

and how you can protect yourself if you're considering a BNPL loan. In 2024, the CFPB issued an interpretive rule that effectively determined that BNPL lenders are credit card providers.

The Consumer Financial Protection Bureau (CFPB) announced on Friday that it’s rescinding a rule from the previous administration that requires nonbank financial services providers to register ...

The Consumer Financial Protection Bureau (CFPB) is poised to abandon its interpretive rule that would have subjected buy now, pay later (BNPL) “pay-in-four” lenders to the same regulatory ...

When the CFPB announced last year that the rule was set to go into effect on March 30, 2025, it noted that it had "found one instance of a lender making 11 failed withdrawal attempts in one day ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation ...

CFPB Oversight of BNPL In 2024, the CFPB issued an interpretive rule that effectively determined that BNPL lenders are credit card providers. The rule followed a study that identified inconsistent ...