Consumer Financial Protection Bureau
CFPB Announcement Regarding Enforcement Actions Related to Buy Now, Pay Later Loans
May 6, 2025
Summary
The CFPB has announced that it will deprioritize enforcement actions based on the May 2024 final rule regarding Buy Now, Pay Later digital user accounts. This decision impacts how credit card disclosure and billing requirements under Regulation Z are applied to these specific installment lending products.
AI-generated summary · May 24, 2026. Verify with your compliance counsel before acting.
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Common questions
- What does "CFPB Announcement Regarding Enforcement Actions Related to Buy Now, Pay Later Loans" cover?
- The CFPB has announced that it will deprioritize enforcement actions based on the May 2024 final rule regarding Buy Now, Pay Later digital user accounts.…
- Which agency issued this update?
- This update was issued by Consumer Financial Protection Bureau.
- When was it published?
- It was published on May 6, 2025.
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