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Credit Unions Urge HUD to Address Buy Now Pay Later Debt in FHA Underwriting Policies

PubComNonGov
Copyright © Targeted News Service, 2025
2025-08-25
Carter Struck

WASHINGTON, Aug. 25 -- America's Credit Unions has submitted a public comment letter to the U.S. Department of Housing and Urban Development outlining pressing concerns regarding the implications of Buy Now Pay Later financing on housing affordability and borrower stability. The organization, representing over 143 million members, advocates for improved policies that ensure the financial wellbeing of consumers navigating this emerging lending practice.

The credit unions have express . . .

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TARGETED NEWS SERVICE (founded 2004) features non-partisan 'edited journalism' news briefs and information for news organizations, public policy groups and individuals; as well as 'gathered' public policy information, including news releases, reports, speeches. For more information contact MYRON STRUCK, editor, editor@targetednews.com, Springfield, Virginia; 703/304-1897; https://targetednews.com

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