Biden administration grants more legal protections to 'buy now, pay later' users
![Biden administration grants more legal protections to 'buy now, pay later' users](https://media-cldnry.s-nbcnews.com/image/upload/t_fit_1500w/rockcms/2024-05/240522-CFPB-ch-0756-1b56d9.jpg)
The Biden administration announced Wednesday that customers who use "buy now, pay later" (BNPL) services for purchases are entitled to the same legal protections as customers who use credit cards.