The CFPB’s Report on Buy-Now-Pay-Later: What are the Takeaways and the CFPB’s Expected Next Steps?

The Consumer Financial Protection Bureau (CFPB) has issued its long-awaited report on buy-now-pay-later (BNPL) products. As the report indicates, the CFPB’s growing interest in and scrutiny of BNPL comes at a time when the BNPL industry is experiencing rapid growth. It is now imperative for both companies currently offering BNPL products and companies considering whether to enter into the BNPL market, to be aware of the practices that are likely to receive increased CFPB scrutiny and how future CFPB initiatives involving BNPL could impact the industry. 

Topics will include:

• Key report findings
• Consumer risks identified by the CFPB
• Use of CFPB supervisory, regulatory, and enforcement authority in BNPL market, including application of credit card protections
• State law issues
• Best practices for reducing consumer protection risks

Monday, October 3, 2022 | 1:00 - 2:00 PM ET

This program is approved for 1.0 CLE credits in CA, NJ, & NY. Uniform Certificates of Attendance will be provided for the purpose of seeking CLE credit in other states. Please note: CLE credit in the following states will not be available: NV and PA.

Please register at least two days before the webinar. Login details will be sent to all approved registrants. For more information, contact questions@ballardspahr.com.