• Skip to primary navigation
  • Skip to main content
  • Skip to footer
  • Contact Us
  • Donate
National Institute for Workers' Rights

National Institute for Workers' Rights

Dismantling Barriers to Justice

N.I.W.R.
  • Home
  • Focus Areas
    • Economic Dignity
    • Workplace Justice
    • The Future of Worker Advocacy
    • A Chef in a kitchen making hamburgers.Economic Dignity
    • The scales of justice in a congressional building.Workplace Justice
    • The Future of Worker Advocacy
  • Issues and Programs
    • Protect Working Families: Save the Overtime Rule
    • State Policy Clearinghouse
  • Support
    • Ways to Support Our Work
    • The Power of Cy Pres to Advance Workers’Rights
    • Support
      • Donate Now
      • Ways to Support Our Work
      • Your Legacy as an Advocate for Workers’ Rights
      • The Power of Cy Pres to Advance Workers’Rights
    • Get updates on employee rights in the news and in the courts!

      This field is hidden when viewing the form

      Next Steps: Sync an Email Add-On

      To get the most out of your form, we suggest that you sync this form with an email add-on. To learn more about your email add-on options, visit the following page (https://www.gravityforms.com/the-8-best-email-plugins-for-wordpress-in-2020/). Important: Delete this tip before you publish the form.
      Name(Required)
  • About
    • About the Institute
    • Staff
    • Board of Directors
    • About Us
      • About the Institute
      • Board of Directors
      • Staff
    • Contact Us
      • National Institute for Workers' Rights
        1800 Sutter Street, Suite 210
        Concord, CA 94520

        Washington, DC Office
        C/O AFL-CIO
        815 Black Lives Matter Plaza NW
        Washington DC, 20006
        • (415) 296-7629
        • (866) 593-7521
  • Contact Us
  • Donate
Blog

The Institute Joins 164 Groups Calling for Strong CFPB Action Against Forced Arbitration

May 3, 2016
By NIWR Blog

On April 27, The Institute joined 163 groups that advocate for consumers, students, civil rights, labor, small businesses, and others in a letter urging the Consumer Financial Protection Bureau (CFPB) to use its Congressional authority to limit forced arbitration clauses in certain financial products.

In forced arbitration, consumers lose the right to present a grievance to an impartial judge and jury. Instead, big banks and abusive lenders are able to hire a private firm of their choosing to decide the dispute, leaving consumers with little opportunity to present evidence or appeal a bad decision. Many ripoff clauses even bar consumers from talking about what happened to them — which means that the public will likely never learn about the corporate wrongdoing.

The letter comes in the wake of the CFPB’s announcement that it will be holding a field hearing in New Mexico on May 5 where it is expected to propose a rule regarding forced arbitration clauses that fall under its authority.

Read the letter.

Blog, News

Footer

National Institute for Workers' Rights Logo

The Institute
1800 Sutter Street, Suite 210
Concord, CA 94520
(415) 296-7629

Washington, DC Office
C/O AFL-CIO
815 Black Lives Matter Plaza NW
Washington DC, 20006

Email:
Fax: (866) 593-7521
E.I.N. 26-2270705

© 2023–2026 NIWR.
All rights reserved.