consumer financial protection bureau
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New Study on Buy Now Pay Later User Characteristics
The Consumer Financial Protection Bureau (CFPB) has released a new study on consumer use of buy now, pay later (BNPL) user characteristics. Although BNPL has been around for a while, it has not received much attention until now. Buy now, pay later, gained popularity in 2019 and grew by 10 fold during 2019-2021. BNPL refers…
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Wednesday Workshop: Changing Banks
On this week’s members only group chat, we talked about why changing banks might help you to control your finances. We also talked about how many banks are eliminating nonsufficient funds fees, and how the Consumer Financial Protection Bureau is looking out for us by investigating whether nonsufficient funds fees are illegal. We closed with…