Arbitration

A forced arbitration clause is a get-out-of-jail card that takes away consumers’ day in court, forcing them into a tribunal that is often biased, secretive, and lawless. These clauses often contain class action bans that prevent consumers from banding together. Forced arbitration frequently blocks any relief whatsoever. NCLC is a member of the Fair Arbitration Now coalition and works to oppose forced arbitration and class action bans.

More than 100 Organizations Urge CFPB to Rein In Big Banks’ Use of Forced Arbitration

November 15, 2023

100+ organizations filed a comment asking the CFPB to create a rule to restore the right of all Americans to decide to file a case in court rather than be forced into arbitration by big banks and other financial services corporations.

Read More about: More than 100 Organizations Urge CFPB to Rein In Big Banks’ Use of Forced Arbitration

From the NCLC Digital Library

Consumer Arbitration Agreements

NCLC experts explain the latest on how to defeat arbitration requirements and how to success in an arbitration proceeding.

Read Chapter One

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