Clarity Needed on Buy Now, Pay Later

Comments to Consumer Bureau demonstrate pitfalls for consumers

Andy Spears
3 min readMar 31, 2022

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Photo by Artem Beliaikin on Unsplash

As the Consumer Financial Protection Bureau (CFPB) seeks feedback on buy now, pay later products such as AfterPay, Klarna, PayPal, and more, the comments they are receiving reveal a need for clarity in the marketplace.

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Andy Spears

Writer and policy advocate living in Nashville, TN —Public Policy Ph.D. — writes on education policy, consumer affairs, and more . . .