by Eric J. Ellman | Jun 13, 2026
In May 2026, U.S. Senator Elizabeth Warren (D-Mass.), Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee, led her colleagues Senators Richard Blumenthal (D-CT), Tammy Duckworth (D-IL), and Mazie Hirono (D-HI) sent letters to major credit...
by Eric J. Ellman | Feb 23, 2026
In February 2026, the Congressional Research Service issued a paper, Buy Now, Pay Later: Policy Issues and Options for Congress.
by Eric J. Ellman | Sep 7, 2025
In June 2025, the Federal Housing Administration (FHA) issued a Request for Information (RFI) “to better understand the implications of Buy Now Pay Later (BNPL) lending on housing affordability and stability. Information gathered in response to this RFI will inform...
by Eric J. Ellman | Jul 12, 2024
In early-2024, New York governor, Kathy Hochul, proposed legislation in her 2025 budget to mandate BNPL reporting. From TEDECA, Art. VII, Part CC, page 201, Art. XIV-B (Buy-Now-Pay-Later) § 735. This provision went nowhere. Of particular note is the paragraph on...
by Eric J. Ellman | Jun 27, 2024
In a paper published in the journal Quantitative Marketing and Economics, Preyas Desai, the Spencer R. Hassell Professor of marketing at Duke University’s Fuqua School of Business and Professor Pranav Jindal of the Indian School of Business examined companies’...
