CFPB won’t prioritize BNPL enforcement
Summary by Consumer Finance Monitor
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CFPB won’t prioritize BNPL enforcement
The CFPB will not make enforcement of its Buy Now, Pay Later rule a priority, according to a recent statement. “The Bureau will instead keep its enforcement and supervision resources focused on pressing threats to consumers, particularly servicemen and veterans,” CFPB officials said in a statement. “The Bureau takes this step in the interest of focusing resources on supporting hard-working American taxpayers, servicemen, veterans, and small busi…
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