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CFPBNonrulemakingCFPB-2022-0002

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

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National Community Reinvestment Coalition filings
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National Community Reinvestment Coalition filed 1 comment on this docket between Mar 28, 2022 and Mar 28, 2022. 8 other organizations filed here. The comment window closed 1586d ago.

What National Community Reinvestment Coalition filed (1)

Mar 28, 2022· Comment from National Community Reinvestment Coalition· CFPB-2022-0002-0033

Filed on regulations.gov — full text not in the inline record.

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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.

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Co-filers (8)

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