Federal Agency Cracks Down on Buy Now, Pay Later — What Does It Mean for Shoppers?

Federal Agency Cracks Down on Buy Now, Pay Later — What Does It Mean for Shoppers?

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Federal Agency Cracks Down on Buy Now, Pay Later — What Does It Mean for Shoppers?
As buy now, pay later (BNPL) services continue to lure in price-conscious online shoppers, companies like Klarna, Afterpay and Affirm will soon receive closer federal oversight. On Wednesday, the U.S. Consumer Financial Protection Bureau (CFPB) issued a new interpretation under …

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