Sen. Brown: Urge CFPB to Take Action to Ensure Transparency & Oversight of Buy Now Pay Later Products & Providers
December 16, 2021
December 16, 2021
WASHINGTON, Dec. 16 -- Sen. Sherrod Brown, D-Ohio, chairman of the Senate Banking, Housing and Urban Affairs Committee, issued the following news release on Dec. 15, 2021:
As more Americans do their holiday shopping online and more online retailers offer consumers a financial technology twist on old-fashioned installment loans that could pose risks to consumers, six U.S. Senators are urging regulators to strengthen oversight and keep up with the growth of these "buy now, pay la . . .
As more Americans do their holiday shopping online and more online retailers offer consumers a financial technology twist on old-fashioned installment loans that could pose risks to consumers, six U.S. Senators are urging regulators to strengthen oversight and keep up with the growth of these "buy now, pay la . . .