Arbitration Fairness for Consumers Act This bill prohibits a predispute arbitration agreement from being valid or enforceable if it requires arbitration of a dispute related to a consumer financial product or service.
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Timeline
Introduced in Senate
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Introduced in Senate
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Law
Alternative dispute resolution, mediation, arbitrationCivil actions and liabilityConsumer affairsConsumer creditDigital mediaFinancial services and investmentsInternet and video servicesInternet, web applications, social media
Arbitration Fairness for Consumers Act
USA116th CongressS-630| Senate
| Updated: 2/28/2019
Arbitration Fairness for Consumers Act This bill prohibits a predispute arbitration agreement from being valid or enforceable if it requires arbitration of a dispute related to a consumer financial product or service.
Alternative dispute resolution, mediation, arbitrationCivil actions and liabilityConsumer affairsConsumer creditDigital mediaFinancial services and investmentsInternet and video servicesInternet, web applications, social media