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Lending Curve

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Staying Ahead of the CFPB Arbitration Rule

When the CFPB was created, the Dodd-Frank law gave the CFPB authority to study mandatory, predispute arbitration agreements. Before the CFPB could do anything, they needed to conduct this study, report to Congress, and then propose whatever rule they deemed in the consumer’s best interest. Last summer, the CFPB proposed a rule that would limit […]

Posted in Business Growth, Compliance, Featured Tagged Arbitration Rule, CFPB, Consumer Financial Protection Bureau, consumer protection products, EFG, EFG Companies, House of Representatives, Senate, U.S. Congress, vehicle service contract Leave a comment

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