[…] The Consumer Financial Protection Bureau announced Tuesday that it will rescind a rule that would have allowed BNPLs to charge for loans. The rule would have meant that BNPs would have to wait until they received a payment to apply for a loan. The CFPB said it will instead focus on protecting consumers and veterans. The move is likely to lead to a change in the way BNPPs are regulated. The agency is expected to issue a new rule in the coming weeks. The new rule would allow BNPS to charge customers for loans up to three years after they are made. It would also allow them to charge up to $1,000 for loans that are not immediately available to the public. The current rule was put in place to protect consumers and to protect the integrity of the BNPA. …