Urge your lawmakers to support the Forced Arbitration Injustice Repeal (FAIR) Act and put consumers ahead of Wall Street companies and predatory lenders.
Buried in the fine print of many financial and other contracts is a forced arbitration clause that gives companies a “get-out-of-jail-free” card to evade accountability for violating the law and for problems with their products or services.
Forced arbitration clauses are increasingly found in contracts for employment, credit cards, cell phones, car purchases, home building, and nursing homes, depriving millions of consumers of their right to a day in court before an impartial judge or jury.
Arbitrators do not have to follow the law or facts and have an incentive to favor the company that can give them repeat business. Forced arbitration allows corporations to keep wrongdoing secret and avoid accountability for harming thousands or millions of people. Congress recently blocked a rule that would have limited forced arbitration in credit card and other financial contracts, but the fight is not over. The Forced Arbitration Injustice Repeal (FAIR) Act would restore our day in court for consumers, employees and small businesses.
Tell Congress to stop letting corporate wrongdoers use forced arbitration clauses to take away our day in court!
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- Write a letter to the editor of your local paper. Here’s how.
- Tweet to your senators to ban forced arbitration using #FAIRAct, #EndForcedArbitration and #RipoffClause.
- COMPLAIN to the CFPB about a problem with a financial service or product, or call toll-free at (855) 411-2372.
- LEARN MORE about NCLC’s work on forced arbitration and access to justice.
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