All Americans must read the contracts and fine print when dealing with cell phone companies, credit cards, or anything you are asked to sign when you buy something.
Look for the clause in the fine print--"binding arbitration" or "mandatory binding arbitration". If that clause is in the contract, you are required to use an arbitrator who is hired by that corporation. When MBA was used to resolve a problem, according to CBS news and BBC, out of 19,705 cases, only 87 were won by the consumer.
Millions of Americans are in danger from this type of legal, but, shady business practice.
Make sure when you buy that product or credit card that you read the fine print and look for the "binding arbitration" or "Mandatory Binding Arbitration" and if you see it, tell them to forget it. You lose your rights if you sign on dotted line.
Saintte

Originally posted by Saintte
Make sure when you buy that product or credit card that you read the fine print and look for the "binding arbitration" or "Mandatory Binding Arbitration" and if you see it, tell them to forget it. You lose your rights if you sign on dotted line.
Saintte

Well, that's a nice theory, but since so many companies rely on binding arbitration, you might have problems finding a similar product without that stipulation.

Heres a better idea. Don't get a credit card and don't get a cell phone.

Or read contracts before you sign them. Educate yourself.


nah.

Originally posted by 500lbguerilla
Heres a better idea. Don't get a credit card and don't get a cell phone.

LOL.

As IF the great majority of Americans will follow THAT dictum.

ROTFL.

Originally posted by Freethinker
LOL.

As IF the great majority of Americans will follow THAT dictum.

ROTFL.

Yeah! People that have credit cards and cell phones are stupid!

:rolleyes: