Blog

At the CFPB

Published DEC 01, 2023

State regulatory developments on “income-based advances”

The CFPB has submitted input on a proposal by the California Department of Financial Protection and Innovation explaining states' critical role in oversight of providers of consumer financial products and services.

By Seth Frotman

• • Small dollar lending

Policy and compliance

Published JUN 15, 2022

Buy Now, Pay Later and Credit Reporting

Consumers’ Buy-Now-Pay-Later repayment data is starting to be furnished to the nationwide credit reporting companies. A standardized approach would promote consistency and accuracy.

By Martin Kleinbard and Laura Udis

• • Credit reports and scores
• • Small dollar lending

Info for consumers

Published JAN 12, 2022

Our public inquiry on buy now, pay later

Several weeks ago, we issued a market-monitoring inquiry into “buy now, pay later” (BNPL) products and business practices. Now we are inviting anyone interested in this market to submit comments -- including families, small businesses, and international regulators.

By Ashwin Vasan

• • Credit reports and scores
• • Financial education
• • Small dollar lending

Info for consumers

Published DEC 16, 2021

Know before you buy (now, pay later) this holiday season

Learn more about Buy Now Pay Later (BNPL) loans before using them for your purchases this holiday season.

By Andrew Braden

• • Credit reports and scores
• • Financial education
• • Small dollar lending

Data, research, and reports

Published MAY 05, 2021

Consumer use of payday, auto title, and pawn loans

A new analysis in our Making Ends Meet survey series looks at how consumers use payday, auto title, and pawn loans.

By Scott Fulford and Cortnie Shupe

• • Access to credit
• • Credit cards
• • Payday loans
• • Research
• • Small dollar lending

Director's notebook

Published MAR 23, 2021

Our commitment to protecting vulnerable borrowers

CFPB is protecting vulnerable borrowers in the small dollar lending market.

By Dave Uejio

• • Small dollar lending