Binding Arbitration Means Attorney’s General Help
You have been wronged, and you research sites like Household - HSBC Watch, where you find out thousands of others had the same experience. Now what do you do? And what does the scamming company think? In all honesty they know you agreed to binding arbitration, so to heck with you. Check the fine print of your contract. Will you risk $5000 to defend a shady $39 charge? Risk going to arbitration governed by someone in bed with a shady company? It’s not likely say insiders.
What should you do? “Turn it over to your state attorney general” say consumer advocates. “It usually requires about 100 valid traceable complaints, free of personal slant and opinions, to trigger an investigation. Enough complaints alleging the same violations and multi-state investigations begin.” That’s where organizations like Household - HSBC Watch, which gathers data for trend analysis, helps prove the case for the attorney’s general according to the organization.
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