Though many months later, Chase has followed on the heels of Bank of America in ending its practice of arbitration for its customers, which now opens them up for potential lawsuits just like any other business. In this instance, Chase is trying to solve the dilemma of the class action lawsuit against them and many [...]
Posted on November 23rd, 2009 in banking
Tags: arbitration, banking
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Posted on August 14th, 2009 in credit cards
Okay, I still don’t like them. But I dislike them less after yesterday’s announcement that they’re dropping that sneaky rider that most of us didn’t know was contained within our credit cards that, instead of being allowed to sue them when we’re dissatisfied, we had to go to arbitration. Truthfully, I didn’t know that either [...]
Tags: arbitration, credit cards
