Finance & markets · 21/06/2024

Consumer Financial Protection Bureau Issues Circular on Unlawful Contract Terms and Conditions

The Consumer Financial Protection Bureau (CFPB) has released a new circular, Consumer Financial Protection Circular 2024-03, clarifying that contracts with unlawful or unenforceable terms and conditions for consumer financial products and services are prohibited under the Consumer Financial Protection Act (CFPA).

Original source language: Federal Register — Consumer Financial Protection BureauOpen original release →

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