Policy Priorities
Supporting responsible Buy-Now-Pay-Later lending, while advocating for unified regulations that include clear disclosures of borrower responsibilities.
Federal: AFC Letter to OMB Director Vought on CFPB Policy Priorities
CFPB retreats from classifying BNPL like credit cards
Affirm, other BNPL players ratchet up credit bureau reporting
Trade group leader discusses BNPL security and appeal
Buy now, pay later users pile on debt, CFPB finds
American Fintech Council (AFC) Applauds Fintech Subcommittee for Focus on Expanding Consumer Access and Modernizing Oversight on Affordable Financial Technology Solutions
Statement from American Fintech Council (AFC) Chief Policy Officer Ian P. Moloney on the CFPB Report on Buy Now, Pay Later (BNPL) Trends
Statement from American Fintech Council (AFC) CEO Phil Goldfeder on State Attorneys General Inquiry into Buy Now, Pay Later (BNPL) Products
American Fintech Council (AFC) Requests Extension on New York State Dept. of Financial Services (DFS) BNPL Data Submission Deadline to Ensure Accuracy and Comprehensive Response
The Consumer Credit Card Market Report to Congress
The Effect of BNPL on Consumer Debt and the Ability to Repay Non-BNPL Debt Obligations