Forum Discussion
Walaby
Dec 03, 2015Explorer II
Walaby wrote:
If you sign a contract with binding arbitration (or anything else you don't like), you haven't lost your rights, you willingly gave up your rights in exchange for something you wanted.
Calls to "change the law" and force dealers to remove this clause from the contract is asking the government to protect the consumer from himself. It still pisses me off to this day how folks blamed the banks for selling them a house they couldn't afford. My brother is one of them. And he had the gall to be blaming the bank when he could not longer afford the payment. he said the bank "convinced him he could afford it".. To which I asked, when you saw the initial payment etc, did YOU think you could afford it.. "well, not really..." Well who's fault is that? He shut up.
Mike
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