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CFPB Says ‘Show Me The (Consumer Unfriendly) Fine Print’

By Timothy A. Butler, Matthew White & Tessa Cierny on January 19, 2023

Posted in CFPB, Consumer Financial Services, Featured, Financial Regulation, Regulatory, Regulatory Compliance

• CFPB proposes rule requiring nonbanks to “register” with the CFPB if they include certain terms and conditions in their form contracts, including in their website terms of use
• The registry would serve as a public database tracking firms that use form contracts to waive or limit certain consumer rights
• The CFPB intends to

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