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Friday, November 21, 2014

15 State Attorney Generals Criticize "Mandatory" Consumer Arbitration


“Mandatory pre-dispute arbitration is procedurally unfair to consumers, and jeopardizes one of the fundamental rights of Americans; the right to be heard and seek judicial redress for our claims,” the Attorneys General wrote to Consumer Financial Protection Bureau Director Richard Cordray, himself a former Ohio Attorney General. “These contractual requirements are neither voluntary nor readily understandable for most consumers.  Often consumers do not recognize the significance of these provisions, if they are aware of them at all. “

The following states’ AGs signed onto the letter: California, Connecticut, Delaware, Hawaii, Illinois, Iowa, Kentucky, Maine, Maryland, Massachusetts New Mexico, New York, Oregon, Rhode Island, Vermont and Washington. 
Any Republicans among them?
 

8 comments:

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  6. Hello ,
    Am Mrs Angela Rice. Am a lady with a great testimony I live in London and i am a happy woman today? and i told my self that any lender that rescue my family from our poor situation, i will refer any person that is looking for loan to him, he gave me

    happiness to me and my family, i was in need of a loan of $360,000.00 to start my

    life all over as i am a mother with 2 kids I met this honest and GOD fearing man loan

    lender that help me with a loan of $360,000.0.Dollar, he is a GOD fearing man, if you

    are in need of loan and you will pay back the loan please contact him tell him that

    is Mrs cynthia corvin, that refer you to him. contact Mr.Aldis Curt,via email:-

    ahmedakeem411@yahoo.in

    *Hard Money Loans
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    *Debt Consolidation Loan
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  8. Hello Everybody,
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