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HomeBankPurchase-now, pay-later faces harder guidelines as CFPB chief weighs in

Purchase-now, pay-later faces harder guidelines as CFPB chief weighs in


The US Client Monetary Safety Bureau launched a sweeping report warning that the burgeoning “purchase now, pay later” trade wants contemporary regulation to handle trade practices. CFPB Director Rohit Chopra mentioned he’s ordered employees to establish surveillance insurance policies within the trade that must be curtailed, together with the gathering of shoppers’ buy and demographic information […]



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