Credit Cards

Finance News

Proposed rule will give buy now, pay later customers greater protection

You'll be protected just like you are with a credit card

Featured Finance News photo

Thanks to a new proposed rule by the Consumer Financial Protection Bureau (CFPB), buy now, pay later (BNPL) companies, such as Afterpay, Klarna, and Affirm, face a changing landscape. 

Under the rule, when you split your purchases into installments, BNPL must play by the same rules as credit cards, which means greater protection for you and, hopefully, a lot less to complain about.

“We are encouraged that the CFPB is promoting consistent industry standards, many of which ...

Read article
Featured Finance News photo

Latest Articles

  1. Mortgage experts offer advice for getting the best interest rate
  2. What’s the short-term outlook for mortgage rates? Experts weigh in.
  3. Feds go after companies that put 'gotchas' in their fine print
  4. Mortgage rates fall back below 7%
  5. Mortgage rates move back above 7%

Not sure how to choose?

Get expert buying tips about Credit Cards delivered to your inbox.

    By entering your email, you agree to sign up for consumer news, tips and giveaways from ConsumerAffairs. Unsubscribe at any time.

    Thanks for subscribing.

    You have successfully subscribed to our newsletter! Enjoy reading our tips and recommendations.

    Recent Articles

    • Newest
    • Oldest