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: Caveat EmptorBank of America Drops Mandatory Arbitration Clause
By Sam Glover
Bank of America just announced that it will no longer require consumers to arbitrate disputes concerning credit cards and other consumer accounts. Great news! The collapse of pre-dispute, mandatory binding arbitration continues. Hopefully other credit grantors will follow suit.
Bank of America ends arbitration of card disputes | Reuters
Full post as published by Caveat Emptor on August 13, 2009 (boomark / email).
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