If you are a Chase credit card customer, you probably received an email on May 31 with the subject line Important information regarding changes to your Chase account.
If you're like most people, you either deleted that bad boy unread or you skimmed it for uh-oh words like "past due" and then deleted it.
Chase, of course, in its assholic wisdom, is counting on exactly that reaction.
That's because the email is their only warning to customers that they will be forced into mandatory arbitration as of August 11, 2019. Customers are also losing the right to pursue class action lawsuits against Chase, should the banking giant decide to engage in some shady shenanigans. Chase is (allegedly) immunizing itself from any possible future class action lawsuits by making mandatory arbitration the default.