MarketWatch: Affirm stock slides after CFPB launches inquiry into buy-now-pay-later companies

The buy-now pay-later craze is rapidly gaining steam in the U.S., prompting regulators to take a look at the hot payment option that lets consumers split purchases into installments.

The buy-now pay-later craze is rapidly gaining steam in the U.S., prompting regulators to take a look at the hot payment option that lets consumers split purchases into installments.