Take a Stand Against Forced Arbitration
Protect Your Legal Rights When Facing Bank Misconduct
Financial companies, including Equifax and Wells Fargo, use fine print language — rip-off clauses — in their consumer contracts to take away our right to hold them accountable for wrongdoing.
Under a new Consumer Financial Protect Bureau (CFPB) rule, consumers ripped off by Big Banks would be able to participate in class-action lawsuits. This gives consumers a much better chance at justice.
However, some in Congress are trying to stop this rule, handing a virtual get-out-of-jail-free card to companies like Equifax and Wells Fargo.
Sign Our Petition Telling the U.S. Senate to Protect the New CFPB Rule Protecting Consumers From Forced Arbitration
Consumers like me already face a stacked deck when we try to hold financial giants like Equifax or Wells Fargo accountable for their actions. But now some in Congress are moving to take away our right to join together to challenge them in court.
I support the Consumer Financial Protection Bureau's arbitration rule, which restores our legal rights and makes our financial system stronger and safer. As U.S. senators, you should stand with consumers like me, NOT financial giants trying to get away with widespread harm. Please vote NO on S.J. Res. 47.