Political Quotes

Bob Menendez Jr.: “Would a mandatory arbitration clause and a class action waiver... leave the borrower with no meaningful path to…”

On the recordNovember 1, 2021
Would a mandatory arbitration clause and a class action waiver... leave the borrower with no meaningful path to challenge a lender's actions?
Said by
Bob Menendez Jr.
Democratic · New Jersey

Editor's note · Context

Menendez highlights the risks of arbitration clauses in student loan contracts.

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