Comments on: Score One for Class-Action Arbitration http://arbitrationhorrorstories.wordpress.com/2009/01/06/score-one-for-class-action-arbitration/ Tell us your story... Sat, 06 Aug 2011 05:12:14 +0000 hourly 1 http://wordpress.com/ By: Brother, Can You Spare a Dime (at 2,147% Interest)? « Corporate Crime Daily http://arbitrationhorrorstories.wordpress.com/2009/01/06/score-one-for-class-action-arbitration/#comment-187 Wed, 09 Dec 2009 12:01:23 +0000 http://arbitrationhorrorstories.wordpress.com/?p=181#comment-187 [...] class-action suit brought by a lender who paid $1,800 interest on an initial $450 loan. The company lost an appeal based on a clause in its loan contract requiring claims to be settled by binding arbitration. A [...]

]]> By: Eric http://arbitrationhorrorstories.wordpress.com/2009/01/06/score-one-for-class-action-arbitration/#comment-118 Tue, 13 Jan 2009 03:06:18 +0000 http://arbitrationhorrorstories.wordpress.com/?p=181#comment-118 Today I received my card member agreement from Chase because JP Morgan purchased WaMU. The “agreement” included BINDING MANDATORY arbitration. What is sad is I have never missed a payment on ANYTHING and probably would never need to use the oourts. The credit limit was $29,000 and I was planning on using that account to purchase materials for our addition. I hope JP Morgan follows in WaMUs footsteps.

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