NCLC & Consumer Reports Comments to CFPB Regarding Buy Now, Pay Later Loans Interpretive Rule
Consumer Reports and the National Consumer Law Center, on behalf of its low-income comments, submitted comments on the Consumer Financial Protection Bureau’s (CFPB) proposed Interpretive Rule under the Truth in Lending (Regulation Z) on Use of Digital User Accounts to Access Buy Now, Pay Later Loans. As we described more fully in response to the…