arbitration

CFPB Accuses Ejudicate of Conducting ‘Sham’ Student Loan Arbitrations
CFPB Accuses Ejudicate of Conducting ‘Sham’ Student Loan Arbitrations
October 10, 2024  |  CFPB

The CFPB has barred dispute resolution platform Ejudicate from arbitrating disputes about consumer financial products. The ban came after the Consumer Financial Protection Bureau (CFPB) found that the company...

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Settling Consumer Disputes With Digital Solutions
Settling Consumer Disputes With Digital Solutions
March 04, 2020  |  Retail

For Teel Lidow, it was supposed to be a vacation, not a business trip. He went to Chile, expecting to return to New York without...

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CFPB Arbitration Rule Officially Dead
CFPB Arbitration Rule Officially Dead
November 23, 2017  |  CFPB

Null and void. The Consumer Financial Protection Bureau (CFPB)’s much debated, loved and hated arbitration rule has been officially killed through the rule’s being struck...

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President Trump Seals The Arbitration Deal
President Trump Seals The Arbitration Deal
November 02, 2017  |  CFPB

The White House announced that President Donald Trump signed a Congressional resolution allowing banks to block customers from filing class-action lawsuits. According to news from...

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Senate Votes To Strike Down CFPB Arbitration Rule
Senate Votes To Strike Down CFPB Arbitration Rule
October 24, 2017  |  CFPB

The arbitration clause rule has been formally smacked down by the U.S. Senate — after the 50-50 tie vote was broken by VP Mike Pence....

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California Passes Strict Statute To Curtail Arbitration Clause
California Passes Strict Statute To Curtail Arbitration Clause
October 05, 2017  |  Regulation

California, with the signature of Governor Jerry Brown, has officially passed a law that will make it easier for consumers to sue banks alleged to...

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Fizzle Of The Week: Puerto Rico’s Cash Crisis
Fizzle Of The Week: Puerto Rico’s Cash Crisis
September 30, 2017  |  Sizzle/Fizzle

Sizzle Toys R Us: Might the beleaguered retailer, which recently filed for bankruptcy, have a lifeline that is enough to keep kids smiling with Mario...

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CFPB Rule On Arbitration Possibly To Be Overturned
CFPB Rule On Arbitration Possibly To Be Overturned
September 27, 2017  |  CFPB

The U.S. Senate is expecting to overturn a new ban on banks and credit card companies requiring customers to surrender their right to sue in...

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Could Equifax Be The Unexpected (And Unwilling) Savior Of The Arbitration Rule?
Could Equifax Be The Unexpected (And Unwilling) Savior Of The Arbitration Rule?
September 12, 2017  |  CFPB

One week ago, the CFPB’s arbitration rule seemed more or less doomed to the scrap heap of financial regulatory history. Although it was approved in final...

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