The CFPB says it will stop enforcing a Biden-era rule treating BNPL firms like credit card lenders; Affirm and other BNPL firms had opposed the rule

Submitted ⁨⁨2⁩ ⁨months⁩ ago⁩ by ⁨Pro@programming.dev⁩ to ⁨technology@lemmy.zip⁩

https://www.consumerfinance.gov/about-us/newsroom/cfpb-announcement-regarding-enforcement-actions-related-to-buy-now-pay-later-loans/