Rulemaking


We’ve issued a new rule on arbitration to help groups of people take companies to court

Arbitration
clauses in consumer financial product and service contracts like credit cards
and bank accounts prevent groups of people from taking companies to court for
harms that affect many people. Our new rule will help the many people who are
harmed together take action together.   

This post was originally published on the Consumer Finance Protection Bureau's blog. Link: http://www.consumerfinance.gov/about-us/blog/weve-issued-new-rule-arbitration-help-groups-people-take-companies-court/ Author:

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