Friendly Help
Anderson,#2Consumer Comment
Fri, July 18, 2008
When you use such a CC you have automatically agreed to arbritation. If you have an older CC account that does NOT stipulate arbitration, usually sooner or later you will receive a notice of a change in terms adding arbritration in lieu of using a court of law. If you use that card once after notice of the change in terms you have agreed to those changes. I read (somewhere) about an action, maybe in Chicago, about the arbitrators finding for the CC bank in 100% of all arbitration cases. Pretty good, huh?