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ARTICLE · 24 JUNE 2024

CFPB Warns Against Deceptive Fine-Print Tactics Targeting Consumers

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On June 4, 2024, the CFPB released a circular cautioning companies against including unlawful or unenforceable terms and conditions in contracts for consumer financial products or services.

United StatesFinance and Banking
Timothy A. Butler
Timothy A. Butler
Matthew M. White
Matthew M. White
Zeba Pirani
Zeba Pirani

On June 4, 2024, the CFPB released a circular cautioning companies against including unlawful or unenforceable terms and conditions in contracts for consumer financial products or services. The circular asserts that companies often embed unlawful or unenforceable terms in the fine print of their contracts, using this "fine print tactic" to deceive consumers into surrendering legal rights or protections.

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