Law’s Eric Chaffee weighs in on Consumer Financial Protection Bureau’s “buy-now, pay-later” financing enforcement

With CFPB, it’s buy now, pay later, enforcement not so much

U.S. News & World ReportEric Chaffee, professor and the Peter M. Gerhart Distinguished Research Scholar at the School of Law, called the Consumer Financial Protection Bureau’s decision to de-prioritize “buy-now, pay-later” financing enforcement “troubling,” warning it risks trapping vulnerable Americans in debt amid economic strain. He said the move likely overcorrects, despite some justification for limited deregulation.