01.13.25
CFPB Seeks To Stop Financial Companies From ‘Weaponizing’ Fine Print
by: Pymnts.com
The Consumer Financial Protection Bureau (CFPB) aims to stop financial companies from using fine print in contracts that results in customers waiving their legal rights or free speech. “To access the American financial system, people should not be forced into forfeiting rights enshrined in law or our Constitution,” CFPB Director Rohit Chopra said in a release announcing a proposed rule focused on this issue. “Companies should not weaponize fine print to deplatform or purge people from the financial system.”
Read the full article on Pymnts.com