Buy Now, Pay Later Companies Asked to Share Lending Practices

Core Insights - Attorneys general from seven states are initiating an inquiry into buy now, pay later lenders, which include companies like Affirm, Klarna, and PayPal [1] Group 1 - The inquiry targets the practices of buy now, pay later lenders, indicating potential regulatory scrutiny in the industry [1] - The involvement of multiple states suggests a coordinated effort to address concerns related to consumer protection and lending practices [1] - Companies such as Affirm, Klarna, and PayPal may face increased oversight and potential legal challenges as a result of this inquiry [1]