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    Forced Arbitration

    The Federal Arbitration Act, enacted in 1925 was originally designed to help resolve commercial disputes between businesses. It is providing the legal basis for the broad use of arbitration clauses in consumer contracts today. Mandatory binding arbitration has become standard business practice in many consumer contracts. They are found in applications for loans, car leases, employment contracts, insurance and

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    signed to help resolve commercial disputes between businesses. It is providing the legal basis for the broad use of arbitration clauses in consumer contracts today. Mandatory binding arbitration has become standard business practice in many consumer contracts. They are found in applications for loans, car leases, employment contracts, insurance and
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    basis for the broad use of arbitration clauses in consumer contracts today. Mandatory binding arbitration has become standard business practice in many consumer contracts. They are found in applications for loans, car leases, employment contracts, insurance and
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    inding arbitration has become standard business practice in many consumer contracts. They are found in applications for loans, car leases, employment contracts, insurance and
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    ey are found in applications for loans, car leases, employment contracts, insurance and credit card applications.

    WHAT IS MANDATORY BINDING ARBITRATION?

    Arbitration is a process that seeks to resolve disputes without formal legal action. A formal law suit, which can hold a consumer accountable, is replaced with a costly private justice system where high costs and abuse of the law have been clearly documented.

    Arbitra

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