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CFPB Signals Patience As BNPL Firms Navigate New Policy

By Jon Hill (August 16, 2024, 9:05 PM EDT) -- Consumer Financial Protection Bureau Director Rohit Chopra on Friday pledged enforcement forbearance for buy-now, pay-later firms that are working "in good faith" to comply with recent guidance holding them to certain credit card rules, saying industry efforts so far have been encouraging....

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