Fintech Credit Products

New forms of credit often attempt to evade consumer protection laws. Buy now pay later products, earned wage access products, credit features on banking and financial management apps, and other new fintech credit products all pose a number of risks. New underwriting methods also impact the safety of credit. NCLC works to ensure that new forms of credit have strong consumer protections.

Written Testimony for House Financial Services on Digital Wallets

April 28, 2022

Advocates draw attention to concerns about digital wallets (PayPal/Venmo) and similar person-to-person (P2P) services (Zelle), which is used between bank accounts.

Read More about: Written Testimony for House Financial Services on Digital Wallets

From the NCLC Digital Library

Consumer Credit Regulation

Innovative thinking and precise authority on predatory lending and other consumer credit, including analysis on other players in consumer accounts and payment systems.

Read Chapter One

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