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Reply to "Lawyers: Unreasonable agreement to gain online access to credit card account??"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I'm a bank attorney who has personally been involved in drafting credit card terms and conditions, and yes these are clauses I would include. The first sets out how disputed will ultimately be resolved (by arbitration rather than judge and jury) and the second is a limitation of liability and indemnification clause. The second will be in virtually every cardholder agreement you enter into. A lawyer that neglects to include that clause would/should be fired on the spot, that's how important it is. [/quote] Thanks. And you're comfortable signing such agreements yourself, as a consumer?[/quote] Not pp, but of course. If you don't like it, don't sign up for the service. [/quote]
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