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US CFPB won't bring enforcement actions related to buy-now, pay-later loans

( May 6, 2025, 20:48 GMT | Official Statement) -- MLex Summary: The US Consumer Financial Protection Bureau announced it will no longer prioritize enforcement actions taken on the basis of the Truth in Lending; Use of Digital User Accounts to Access Buy Now, and Pay Later Loans. The bureau is further contemplating rescinding Buy Now, Pay Later.Statement follows in full. ...

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