CFPB Ruling Says Long Live The Trial Bar
PYMNTS
JULY 11, 2017
The Consumer Financial Protection Bureau (CFPB) has handed down a controversial ruling stating companies cannot opt to use arbitration clauses in their contracts with consumers in a manner that keeps consumers from joining class action lawsuits. . And, as a result, higher fees for consumers levied by cautious lenders, when they lend at all?
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