The CFPB's push to cut off lenders’ ability to include clauses prohibiting borrowers and bank account holders from filing or joining class action lawsuits in their contracts comes with a price.
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CFPB Says No More Arbitration Clauses
The CFPB wants to cut off lenders’ ability to include clauses prohibiting borrowers and bank account holders from filing or joining class action lawsuits in their contracts.
Read More »CFPB May Allow Consumers to Bring About Class Action Lawsuits
The Consumer Financial Protection Bureau announced on Wednesday it is considering proposing rules that will make consumer financial companies more accountable to the customers they serve.
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