Richard Cordray: “It is flatly against the law for a debt collector to threaten anyone, let alone a servicemember, with consequences that…”

[a]rbitration clauses, as they are used today both in the field of consumer finance and more generally, often have been deliberately designed to block Americans from effective means of vindicating their rights.

We are listening. If you have already come forward to share your concerns, know that you are not alone.

I think that enforcing the law fairly promotes economic freedom.

The Consumer Financial Protection Bureau is the Nation's first Federal agency with the sole focus of protecting consumers in the financial marketplace.