NACA in the News: Consumer bureau cracks down on arbitration clauses (The Hill)

Release Date: 
July 10, 2017
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The Hill, Consumer bureau cracks down on arbitration clauses

“We are pleased with this common sense solution to give consumers back their right to go to court when they are systematically cheated or ripped off by big banks or predatory lenders,” said Christine Hines, the NACA’s legislative director.

“With this change, bad actors in the financial markets will be less inclined to fleece their customers and pad their bottom line with illegal or fraudulent practices.”