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the dangers of binding mandatory arbitration (bma) clauses


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bma in credit card clauses

credit card action! most credit cards issued by national banks have bma clauses. if your credit card has a bma clause, transfer your balances to cards without these clauses and consider closing your account with the offending companies. send a letter explaining why when you close your account (word / pdf).

  • aarp credit cards do not have these clauses.

  • most credit union credit cards do not have these clauses.
  • some small bank credit cards do not have these clauses.

 

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arbitration in car contracts

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