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CFPB Suits Bring Some Clarity To Its Definition Of 'Abusive'

By Evan Weinberger ( August 21, 2015, 7:29 PM EDT) -- Banks and other market participants have struggled to understand how the Consumer Financial Protection Bureau defines "abusive" conduct, but a series of enforcement actions has shown that the bureau intends to go beyond the terms of a loan contract to wield its broad and unique power....

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