Published: February 2019

Forced arbitration silences victims and should end

Consumer Action joined coalition advocates in supporting Senator Sherrod Brown’s (D-OH) effort to restore Americans’ right to a day in court with the Arbitration Fairness for Consumers Act (S. 630). Ending the use of forced arbitration in student loans, credit card agreements, and employment contracts gives working Americans a fighting chance against powerful special interests.

The Arbitration Fairness for Consumers Act would prohibit financial companies from forcing consumers to give up their right to a day in court or their right to join a class action suit to seek relief. It would also ensure that financial crimes like the Wells Fargo fake account scandal cannot be hidden from the public in a private and opaque process.

Lead Organization

American's for Financial Reform (AFR)

Other Organizations

Alliance for Justice | American Association for Justice | Americans for Financial Reform | Center for Justice and Democracy | Consumer Action | Consumers for Auto Reliability and Safety | Earthjustice | Florida Alliance for Consumer Protection | National Association of Consumer Advocates | National Consumer Voice for Quality Long-Term Care | Texas Watch | Workplace Fairness

More Information

For more information, please visit AFR's website.

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Forced arbitration silences victims and should end   (ConsumerFinanceArbitrationBill.pdf)

 

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