Consumer Agency Warns Financial Firms Over Deceptive ‘Fine Print’ in Contracts

The agency found that companies include legally unenforceable terms in a possible ‘attempt to confuse people about their rights.’

The Consumer Financial Protection Bureau building in Washington on Oct. 31, 2023. Madalina Vasiliu/The Epoch Times

The Consumer Financial Protection Bureau (CFPB) has issued a circular notifying the financial sector against engaging in any deceptive contract terms with customers.

The circular warned companies about using illegal or unenforceable terms in consumer financial products and services contracts.