Credit card companies scored a win yesterday, after the U.S. Supreme Court ruled that credit card claims by consumers must go to arbitration, instead of being tried in a court room. The ruling overturned one made by a U.S. appeals court in San Francisco that had said the Credit Card Repair Organizations Act was meant to bar arbitration.
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1 comment:
The consumer gets screwed again.
These Arbitration Agencies are paid by these credit card companies and fired if they rule for a consumer more than 3% of the time. This is complete denial of justice.
What a sad Country we have become.
Both Republicans and Democrats support these laws. Laws are written more and more just to benefit the Rich. That is not class warfare it is simply the truth as this shows.
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