Notice and Request for Comment Regarding the CFPB’s Inquiry into Buy-Now-Pay-Later (BNPL) Providers

Activity

Credit Union National Association filed 1 comment on this docket between Mar 25, 2022 and Mar 25, 2022. 8 other organizations filed here. The comment window closed 1586d ago.

What Credit Union National Association filed (1)

Abstract

On December 16, 2021, the Consumer Financial Protection Bureau (Bureau) opened market monitoring orders, inquiring into Buy-Now-Pay-Later (BNPL) products in the United States to gain information about the size, scope, and business practices of the BNPL market. The information will help the Bureau better understand how consumers interact with BNPL providers, and how BNPL business models impact the broader e-commerce and consumer credit marketplaces. The Bureau also issued a press release to accompany these orders. The Bureau invites any interested parties, including consumers, small businesses, consumer advocates, financial institutions, trade associations, investors, state and Federal regulators and Attorneys General, and experts in consumer lending, payments, and marketing to submit comments to inform the agency’s inquiry.

• Credit Union National AssociationTHIS ORG

  1 filing · confidence 97%
• Coastal Federal Credit Unionunverified attribution

  1 filing · confidence 70%
• Consumer Bankers Associationtrade assoc.

  1 filing · confidence 85%
• Electronic Transactions Associationtrade assoc.

  1 filing · confidence 85%
• Financial Technology Associationtrade assoc.

  1 filing · confidence 85%
• National Association of Convenience Storestrade assoc.

  1 filing · confidence 85%
• National Community Reinvestment Coalitiontrade assoc.

  1 filing · confidence 85%
• Ohio Credit Union Leaguetrade assoc.

  1 filing · confidence 97%
• The Woodstock Institutetrade assoc.

  1 filing · confidence 85%