U.S. Supreme Court Rules That Consumer Credit Card Claims Must Be Handled By Arbitration

U.S. Supreme Court Rules That Consumer Credit Card Claims Must Be Handled By Arbitration

Credit card companies scored a win yesterday, after the U.S. Supreme Court ruled that credit card claims by consumers must go to arbitration, instead of being tried in a court room. The ruling overturned one made by a U.S. appeals court in San Francisco that had said the Credit Card Repair Organizations Act was meant to bar arbitration. [More]