Groceries. Gas. Diapers. These aren’t luxury items—they’re life’s basics. Yet according to recent reports, more than half of Americans are now relying on Layaway or Buy Now, Pay Later (BNPL) options just to afford everyday essentials. That’s not just a trend—it’s a signal. And for businesses, it raises a big question: If consumers can’t pay now, how confident are you …
The Buy Now, Pay Later boom has redefined how consumers shop—but now it’s facing serious scrutiny. With regulatory pushback from the Consumer Financial Protection Bureau (CFPB), BNPL companies are under pressure to provide clearer disclosures, stronger repayment terms, and better protection for buyers. That’s a win for consumers—but for businesses offering BNPL options? It opens the door to delayed payments, …
The financial services industry is watching closely as the nomination of McKernan for the Consumer Financial Protection Bureau (CFPB) unfolds. With potential shifts in consumer finance regulation on the horizon, businesses that extend credit to consumers must stay ahead of evolving compliance requirements while ensuring they maintain financial stability. At Caine & Weiner, we know that regulatory changes can bring …
