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CFPB issues ‘fine print’ warning to auto lenders

Bureau spotlights deceptive contract terms  

Amanda Harris

The Consumer Financial Protection Bureau is cracking down on terms and conditions in consumer financial products, prompting auto lenders to closely review contracts.  The CFPB on June 4 published a circular warning that the use of “unlawful or unenforceable terms and conditions in contracts” violates the Consumer Financial Protection Act.. Covered entities or persons could […]

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