BNPL Under Scrutiny: How CFPB’s New Rules Empower Subprime Lenders
Regulation of Buy-Now-Pay-Later Companies Levels the Playing Field for Subprime Lenders In the ever-evolving consumer finance landscape, the latest buzz centers around the Consumer Finance Protection Bureau’s (CFPB) attempts to regulate Buy-Now-Pay-Later (BNPL) companies. This development heralds a new era of competitive fairness and transparency for ‘subprime lenders’-a term used to describe lenders who provide […]