Reader Mason asks:
How will Chase’s recent notice of revision to their MLA and binding arbitration agreements affect us?
I went to the article link: https://www.classaction.org/blog/should-i-reject-jp-morgan-chases-binding-arbitration-agreement-for-credit-card-disputes?utm_source=newsletter59&utm_medium=email&utm_campaign=ca_newsletter
I could not understand half of it, and I am not a lawyer, and the site gives no advice. If you want to reject this then you need to send this letter:
Chase Customer Service,
RE: Rejection of Chase’s Binding Arbitration Agreement
I am writing to inform you that I REJECT Chase’s binding arbitration agreement set to go into effect August 11,2019. Please confirm receipt of this communication and update my account appropriately.
Chase Customer Service
P.O. Box 15298, Wilmington, DE 19850-5298
Thanks to a loyal reader for his insight on his own personal blog here. Turns out part of being part of the MLA, we are already opted out.