These days, if a bank treats you and other customers unfairly, you’re often barred from joining together and suing the bank. That could soon change. The Consumer Financial Protection Bureau announced a final rule Monday generally prohibiting financial institutions from blocking class-action lawsuits with contract language that requires consumers to settle disputes out of court in an arbitration proceeding. The contracts are agreements you...
from NerdWallet
https://www.nerdwallet.com/blog/credit-cards/cfpb-class-action-rule-what-you-need-to-know/
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