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Articles Posted in consumer financial protection bureau

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The CFPB’s Take on Arbitration Provisions Is Not a Friendly One

It’s no secret that the Consumer Financial Protection Bureau (CFPB) views arbitration agreements in contracts between financial services providers and consumers rather unfavorably. This antipathy has been maintained even after a 2011 Supreme Court decision (ATT Mobility LLC v. Concepcion) affirming the practice. Back in October, the bureau announced its…