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Financial regulators have been studying the industry since 2021,...

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    Financial regulators have been studying the industry since 2021, and have since issued rules designed to protect consumers. For example, in May, the CFPB issued a rule mandating that BNPL lenders give consumers the same protections that apply to conventional credit cards, including the right to dispute charges and receive a refund from a lender after returning a purchase made with a BNPL loan eek.png
 
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