Buy now pay later stocks are falling today after an ominous inquiry announcement from a financial watch dog today. Is the party over?
Yahoo Finance's Brian Cheung and Brian Sozzi discuss the consumer watchdog probe into buy now, pay later companies' business models, their use of personal data, and the ethics of allowing buyers to ta

Why Did Affirm Stock Plunge 10.6% Yesterday?

04:23pm, Friday, 17'th Dec 2021 Smarter Analyst
This article was originally published on TipRanks.com Shares of Affirm Holdings Inc. The post Why Did Affirm Stock Plunge 10.6% Yesterday? appeared first on Smarter Analyst .

BNPL Stock Prices Crash Amid CFPB Investigation

03:02pm, Friday, 17'th Dec 2021 PYMNTS
The Consumer Financial Protection Bureau said Thursday (Dec. 16) it wants details from several high-profile buy now, pay later (BNPL) firms Affirm, Afterpay, Klarna, PayPal and Zip regarding the pros and cons of flexible payment options, according to a CNBC report Friday (Dec. 17). The launch of the investigation led stocks in the []

Meme Stock Movers for 12/17: Affirm, Bakkt, Rivian, Robinhood

02:14pm, Friday, 17'th Dec 2021 24/7 Wall street
During the last session, Affirm Holdings Inc. (NASDAQ:AFRM)’s traded shares were 19.67 million. At the end of the trading day, the stock’s price was $99.24, reflecting an intraday loss of -10.58% or -$11.74. The 52-week high for the AFRM share is $176.65, that puts it down -78.0 from that peak though still a striking 53.14% … Affirm Holdings Inc. (NASDAQ: AFRM) Declined -34.40% Over The Last Month – Are There Ways To Succeed From This Decline? Read More »
Buy now pay later stocks are falling today after an ominous inquiry announcement from a financial watch dog today. Is the party over?
The Consumer Financial Protection Bureau (CFPB) opened on December 16 an inquiry into Buy Now Pay Later (BNPL) to better understand the risks and benefits of this payment instrument. The CFPB issued orders to Affirm, Afterpay, Klarna, PayPal and Zip to gather detailed information about consumers´ shopping behavior, fees, loan performance, users´ demographics, data collection []
The Consumer Financial Protection Bureau is seeking information from Affirm, Afterpay, Klarna, PayPal and Zip on the risks and benefits of their products.
Paul R. La Monica / CNN : The CFPB probes buy now, pay later practices of Affirm, Afterpay, PayPal, Klarna, and Zip, citing concerns over customers'' debt accumulation and data harvesting New York (CNN Business)Regulators in Washington may crack down on the industry behind buy now, pay later,
Affirm. NurPhoto/Getty Images Affirm stock fell as much as 16% Thursday after the CFPB announced an inquiry into buy now, pay later services The CFPB is asking for information

Affirm falls 16% as CFPB announces inquiry into buy now, pay later services

08:33pm, Thursday, 16'th Dec 2021 Business Insider Markets
The Consumer Financial Protection Bureau told five companies to turn over information to assess risk to customers using buy now, pay later services.
Mizuho's Dan Dolev on why buy now, pay later names are in regulators crosshairs. With CNBC's Melissa Lee and the Fast Money traders, Guy Adami, Tim Seymour, Dan Nathan and Brian Kelly.
The stock price of Affirm Holdings Inc (NASDAQ: AFRM) fell by over 10% today. This is why it happened.

Affirm and Michaels Team on BNPL Option

03:28pm, Thursday, 16'th Dec 2021 PYMNTS
But now, pay later (BNPL) platform Affirm on Thursday (Dec. 16) announced it has partnered with arts and crafts retail chain Michaels to allow customers to pay for their supplies over time if they prefer. Approved Michaels customers can split the cost of any purchase of more than $50 into biweekly or monthly payments by []
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