Newsroom
The CFPB banned private dispute resolution platform Ejudicate from arbitrating disputes about consumer products after it misled borrowers about its neutrality and initiated sham arbitration proceedings.
La CFPB publica circular advirtiendo acerca del uso de términos y condiciones ilegales o incumplibles en contratos de productos o servicios financieros.
The CFPB today issued a circular warning against the use of unlawful or unenforceable terms and conditions in contracts for consumer financial products or services.
CFPB Director Cordray explains why the arbitration rule will benefit consumers.
By
Richard Cordray
Financial Companies Can No Longer Block Consumers From Joining Together to Sue Over Wrongdoing.
Today, we are announcing a final rule that prevents financial companies from using mandatory arbitration clauses to deny groups of consumers their day in court.
By
Richard Cordray
Thank you to Albuquerque for the warm welcome you have given us. This is our 34th field hearing since the Bureau first opened its doors and started...
By
Richard Cordray
Bureau Seeks Comment on Proposal to Ban a Contract Gotcha that Prevents Groups of Consumers from Suing Consumer Financial Companies.
Thank you to the American Constitution Society for inviting me to speak today as part of the Access to Justice Series. I have a deep appreciation for the...
I want to welcome you all to this meeting of the Consumer Advisory Board. I am sorry that my attendance at the FDIC's Board meeting caused me to miss this...
Proposal Would End the Free Pass Companies Use Against Group Lawsuits Today the Bureau announced it is considering proposing rules that would ban consumer...
Thank you all for joining us in Denver today. We are here to talk about something important that is often buried deeply in the fine print of many contracts...
By
Richard Cordray
Today, the Bureau released a study indicating that arbitration agreements restrict consumers' relief for disputes with financial service providers by...
Today we are releasing the results of our study and we are providing our arbitration report to Congress as the law requires us to do. As far as we are...
By
Richard Cordray
Today, the Bureau released preliminary research on the use of arbitration clauses in connection with consumer financial products and services. The research...
Thank you for joining us here today in Dallas. Every month or so we try to hold an event outside of Washington, D.C., with the purpose of learning...
By
Richard Cordray
Today the CFPB launched a public inquiry into how consumers and financial services companies are affected by arbitration and arbitration clauses.
