What To Expect From CFPB’s Consumer Complaint Process

Law360, New York (November 21, 2013, 11:31 PM EST) -- For companies associated with the payday lending industry, the Nov. 6 announcement by the Consumer Financial Protection Bureau that it is now accepting payday-related consumer complaints was probably among the few recent CFPB actions that did not induce ulcers among their executives. In fact, there are good reasons why some companies in the consumer financial services industry, and not just those in the payday sector, might actually welcome the onset of the CFPB’s consumer complaint process.

For those companies that have a history of providing good...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.