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FAIR bill aims to eliminate forced arbitration for credit card disputes

Wednesday, June 5, 2019
Poonkulali Thangavelu | Credit

In a bid to give consumers more choice when it comes to credit card and other disputes with corporations, two Democratic lawmakers are pursuing the Forced Arbitration Injustice Repeal Act.

The bill would do away with forced arbitration clauses relating to credit card disputes. This means consumers would have the choice of opting for arbitration after a dispute erupts, instead of being forced into arbitration.