OCC Guidance May Lead Off 'Buy Now, Pay Later' Regulations

By Susan Seaman and Jacob Huston (January 24, 2024, 10:44 AM EST) -- After a pause in public commentary by the Consumer Financial Protection Bureau on "buy now, pay later," or BNPL, loans, the Office of the Comptroller of the Currency released a bulletin in early December to assist national and federal savings banks with effectively managing the risks posed by BNPL lending.[1]...

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