October 10, 2024
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 had misled student loan borrowers about its neutrality and undertook “sham” arbitration proceedings, the regulator said in a Thursday (Oct. 10) news release. “Ejudicate ran bogus arbitration proceedings, deceived borrowers, and […]
