Loopholes closed in Military Lending Act

Loopholes closed in Military Lending Act

by Carol Thompson President Obama recently announced that the Department of Defense (DOD) is finalizing updated Military Lending Act rules that close harmful loopholes to better protect our troops and their families from financial abuse. For too long, predatory loans...

The arbitration tides are turning

by Carol Thompson Three recent cases show that federal policy favoring arbitration is not absolute, according to Lexology. The controversy over arbitration has been brewing since early spring when the Consumer Financial Protection Bureau (CFPB) issued a lengthy report...
Plaintiffs allege Amazon’s arbitration clause unconscionable

Plaintiffs allege Amazon’s arbitration clause unconscionable

by Carol Thompson What started as a blender purchase has become a mishmash of allegations against Internet giant Amazon. In court papers filed April 15, Andrea Fagerstrom and Allen Wiseley allege that Amazon should not be allowed to hold customers to its...
Colorado student athletes no longer subject to arbitration

Colorado student athletes no longer subject to arbitration

by Carol Thompson Arbitration has been a hot topic in recent weeks due to the Consumer Financial Protection Bureau’s report to Congress on the impact of mandatory arbitration agreements in consumer contracts. But, consumer contracts aren’t exclusive to...