Buy now/pay later is latest form of ‘shadow student debt’: Report

Numerous unaccredited and loosely regulated schools are offering buy now/pay later products as a payment option for students, according to the Student Borrower Protection Center. Its report, which called out PayPal, Klarna, Affirm and Afterpay, comes as the CFPB is considering how to regulate the sector.

Read the full article at: www.americanbanker.com

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