🚨CHASE CREDIT CARD HOLDERS🚨Check your inboxes. @jpmorgan sent an email on Friday that *in the fine print* forces you into arbitration if you ever try to sue them and bans you from participating in any class action lawsuit against them. This is wrong. bit.ly/2EQ2fBs
Unless you “opt out” (a sneaky way they’re skirting California law) by snail mail (!!) before August 10th, this email means you’re giving up your right to ever take them to court. For any reason.
Rest assured, Jamie Dimon will be hearing from me.
Here’s the letter you need to send to Chase before August 10th, to reject the binding arbitration clause. (I’ve used myself as an example; edit to provide *your* info.) You can even handwrite it! Just make sure it contains your name, billing address, acct. number, and signature.
Also: I will be in touch with Mr. Dimon on the legality of Chase closing the accounts of individuals who reject the arbitration clause. I’ll keep you updated.
Update: @jpmorgan will NOT close your account if you reject the arbitration agreement they’re attempting to force onto their customers. Do so before August 10th! bloomberg.com/news/articles/…
Like I said I would, today I sent a letter to Jamie Dimon calling him out for this deceptive and anti-consumer policy. As I write in the letter: "Accountability is an essential element of a functional economy, and JPMC is attempting to evade responsibility in our court system."
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