Buy Now, Pay Later Guidance
The OCC has issued guidance on risk management of buy now, pay later loans. The guidance focuses on underwriting, repayment terms, pricing, and safeguards that minimize adverse customer outcomes. [12/7/23]
Stop by Daily for What's Hot Right Now in Compliance & Risk for Credit Unions & Banks
The OCC has issued guidance on risk management of buy now, pay later loans. The guidance focuses on underwriting, repayment terms, pricing, and safeguards that minimize adverse customer outcomes. [12/7/23]