The CFPB has announced plans to withdraw its May 2024 interpretive rule that subjected buy-now, pay-later (BNPL) products to regulations applicable ...

The FTA has also alleged that the new rule exceeds the CFPB’s statutory authority by imposing obligations beyond those permitted by TILA and by contravening TILA’s effective-date requirement ...

WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has finalized a new rule ... finance charge disclosure ...