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Category Archives: CFPB
The CFPB Strikes Again – Class Action Waivers to be Eliminated? Maybe Not.
The Bad News.By Greg Johnson. At a recent Consumer Financial Protection Bureau field hearing in Denver, the CFPB revealed a proposal to eliminate the use of class action waivers in consumer finance contracts. Many retail installment sales contracts require arbitration … Continue reading
CFPB to Allow Consumers to Voice Complaints Publicly
Auto Dealer Monthly recently reported on the Consumer Financial Protection Bureau’s announcement that it is finalizing a policy to allow consumers to voice publicly their complaints about consumer financial products and services: Now, when consumers submit a complaint to the CFPB, … Continue reading
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