The Consumer Financial Protection Bureau said in a court filing that it plans to reverse its interpretive rule tightening standards for Pay in 4 buy now/pay later loans.| American Banker
News about the Consumer Financial Protection Bureau. The federal agency responsible for regulating financial services companies and enforcing consumer financial laws.| American Banker
Affirm is reporting consumers' buy now/pay later loans to Experian, following a February study with FICO. It's one of the first steps in credit reporting for BNPL, potentially complicating banks' assessments for other types of lending.| American Banker