Consumer Financial Protection Bureau Probing ‘Buy Now, Pay Later’ Companies, Including Affirm, Klarna

The Consumer Financial Protection Bureau launched an inquiry into 'buy now, pay later' installment plans offered by Afterpay, Affirm, Klarna and other firms that are frequently offered to online shoppers

Consumer bureau seeks information on $55 billion installment-plan sector popular with online merchants

As the cost of groceries, clothing and electronics have gone up in the U.S., prices in Japan have stayed low. WSJ’s Peter Landers goes shopping in Tokyo to explain why steady prices, though good for your wallet, can be a sign of a slow-growing economy. Photo: Richard B. Levine/Zuma Press; Kim Kyung Hoon/Reuters

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

WSJ /  🏆 98. in US

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Philadelphia Cream Cheese will pay you $20 not to make cheesecake this ChristmasYep, Kraft will actually pay you to buy dessert this year.
Read more »

Pfizer Requests Full Approval For Covid-19 Vaccine For 12- To 15-Year-OldsThe pharmaceutical company said in November its vaccine gave the age group 100% long-term protection against the virus.
Read more »

Pfizer Requests Full Approval For Covid-19 Vaccine For 12- To 15-Year-OldsThe pharmaceutical company said in November its vaccine gave the age group 100% long-term protection against the virus.
Read more »

Peloton CEO Buys $55 Million Hamptons Estate, Despite Company’s Plummeting Share PricesPeloton CEO John Foley recently dropped $55 million on an East Hampton compound amid the company’s plummeting stocks and recent controversy. Take a look inside Foley’s new mega-mansion.
Read more »

Peloton CEO Buys $55 Million Hamptons Estate, Despite Company’s Plummeting Share PricesPeloton CEO John Foley recently dropped $55 million on an East Hampton compound amid the company’s plummeting stocks and recent controversy. Take a look inside Foley’s new mega-mansion.
Read more »

Cyberattack on Payroll Provider Sets Off Scramble Ahead of HolidaysA cyberattack on a popular payroll software provider sent work-tracking systems offline this week, forcing companies to resort to manual methods to pay workers.
Read more »