Paste it anywhere on your site. The badge links back to this page — a real, crawlable link, not an image.
You can opt out of this issuer's forced arbitration
deadline ≈ 23 days
Celtic Bank Corporation's agreement lets you reject arbitration and keep your right to sue — usually within 23 days of opening the account. You have to send it in writing. Here's the language from the filed agreement:
“…wever, if the Class Action Waiver is deemed unenforceable, then this entire Arbitration Agreement shall be void and of no force and effect. You may reject this Provision in its entirety (and any subsequent amendment), in which case only a court may be used to resolve any dispute or Claim. Rejection will not affect any other aspect of the Agreement. To reject this Provision in its entirety, you must notify us at 1-800-229-0364 or mail a notice within sixty (60) days after you open your Account or we first provide you with a right to reject this Provision. If you notify us by telephone, you must speak with a live representative and provide your name, address and Account Number. If you notify us by mail, you must include your name, address and Account Number and it must be mailed to our servicer at: Concora Credit Inc., Attn: Arbitration Provision, P.O. Box 4477, Beaverton, Oregon 97076. Th…”
“…wever, if the Class Action Waiver is deemed unenforceable, then this entire Arbitration Agreement shall be void and of no force and effect. You may reject this Provision in its entirety (and any subsequent amendment), in which case only a court may be used to resolve any dispute or Claim. Rejection will not affect any other aspect of the Agreement. To reject this Provision in its entirety, you must notify us at 1-800-229-0364 or mail a notice within sixty (60) days after you open your Account or we first provide you with a right to reject this Provision. If you notify us by telephone, you must speak with a live representative and provide your name, address and Account Number. If you notify us by mail, you must include your name, address and Account Number and 14853-002 it must be mailed to our servicer at: Concora Credit Inc., Attn: Arbitration Provision, P.O. Box 4477, Beaverton, Oregon…”
“…the Class Action Waiver is deemed unenforceable, then this entire Arbitration Agreement shall be void and of no force and effect. 14779-002 You may reject this Provision in its entirety (and any subsequent amendment), in which case only a court may be used to resolve any dispute or Claim. Rejection will not affect any other aspect of the Agreement. To reject this Provision in its entirety, you must notify us at 1-800-229-0364 or mail a notice within sixty (60) days after you open your Account or we first provide you with a right to reject this Provision. If you notify us by telephone, you must speak with a live representative and provide your name, address and Account Number. If you notify us by mail, you must include your name, address and Account Number and it must be mailed to our servicer at: Concora Credit Inc., Attn: Arbitration Provision, P.O. Box 4477, Beaverton, Oregon 97076. Th…”
Detected in the CFPB-filed cardholder agreements from Celtic Bank Corporation. Verbatim quotes below — CardSleuth flags the language; this isn't legal advice.
Forced arbitration
You give up your right to sue in court — disputes are pushed into private arbitration.
Show the exact wording ↓Hide wording ↑
“…to cure or other restrictions of applicable law, if you are in default, we may declare the entire balance due immediately. Except as provided in the Arbitration Provision below, you agree to pay our reasonable costs and attorneys fees and expenses related to the collection of your Account to the extent permitted by app…”
“…ted, signed or used the Card or the Account, you acknowledge and agree to the terms and the provisions contained in this Agreement, which includes an arbitration provision (provided, however, if you are covered by the Military Lending Act, the arbitration provision will not apply). The application you signed or otherwis…”
“…from time to time by Fold. SCHEDULE A Arbitration Clause PLEASE READ THIS SECTION CAREFULLY AS IT AFFECTS YOUR RIGHTS. UNLESS YOU TIMELY REJECT THIS ARBITRATION PROVISION UNDER SECTION 3 BELOW, IT LIMITS YOUR RIGHTS IF A DISPUTE ARISES BETWEEN YOU AND US (AS DEFINED BELOW). IT ALSO INCLUDES A CLASS ACTION WAIVER, WHICH…”
You can't band together with other cardholders in a class action.
Show the exact wording ↓Hide wording ↑
“…L BE SUBJECT TO INDIVIDUAL ARBITRATION. INDIVIDUAL ARBITRATION MEANS THAT: (1) NEITHER A COURT NOR A JURY WILL RESOLVE ANY SUCH DISPUTE; (2) YOU WILL NOT BE ABLE TO PARTICIPATE IN A CLASS ACTION OR SIMILAR PROCEEDING; (3) LESS INFORMATION WILL BE AVAILABLE; AND (4) APPEAL RIGHTS WILL BE LIMITED. THIS ARBITRATION OF DISPUTES PROVISION D…”
“…e Association. PLEASE READ THIS AGREEMENT CAREFULLY. THIS AGREEMENT IS SUBJECT TO MANDATORY ARBITRATION PURSUANT TO THE FEDERAL ARBITRATION ACT AND A WAIVER OF CLASS ACTION AND JURY PROVISION, UNLESS YOU OPT-OUT AS DETAILED IN THE ARBITRATION SECTION BELOW OR UNLESS YOU ARE COVERED BY THE MILITARY LENDING ACT. IF…”
“…f the Claim Notice to investigate and attempt to resolve the matter on an individual basis before a lawsuit is filed or arbitration is commenced. 25. Waiver of Right to Class Actions. EXCEPT FOR COVERED BORROWERS PROTECTED BY THE MILITARY LENDING ACT, YOU AND WE AGREE THAT ANY DISPUTE, CLAIM, OR CONTROVERSY ARISING OUT OF…”
You waive your right to have a dispute heard by a jury.
Show the exact wording ↓Hide wording ↑
“…e Association. PLEASE READ THIS AGREEMENT CAREFULLY. THIS AGREEMENT IS SUBJECT TO MANDATORY ARBITRATION PURSUANT TO THE FEDERAL ARBITRATION ACT AND A WAIVER OF CLASS ACTION AND JURY PROVISION, UNLESS YOU OPT-OUT AS DETAILED IN THE ARBITRATION SECTION BELOW OR UNLESS YOU ARE COVERED BY THE MILITARY LENDING ACT. IF YOU ARE COVERED…”
“…A COURT OF COMPETENT JURISDICTION, SUBJECT TO THE GOVERNING LAW AND VENUE PROVISIONS OF THIS AGREEMENT; ALL OTHER CLAIMS SHALL REMAIN SUBJECT TO THIS WAIVER. 26. Waiver of Right to Trial by Jury. TO THE MAXIMUM EXTENT PERMITTED BY LAW, AND EXCEPT FOR COVERED BORROWERS, YOU AND WE HEREBY KNOWINGLY, VOLUNTARILY, AND INTENTIONALLY WAIVE ANY RIGH…”
“…solve Claims (defined below) through binding arbitration (except for Claims brought by either of us in small claims court on an individual basis) and waives any right to a jury trial or to participate in a class action or other consolidated proceeding. If you would like to opt-out of this Arbitration Provision, you may do so…”
“No interest if paid in full” — miss the deadline and you're billed interest back to day one.
Show the exact wording ↓Hide wording ↑
“…eed your Monthly Minimum Payment, we will apply these excess amounts in the order required by applicable law. During the last two Billing Cycles of a deferred interest period, if you have an outstanding deferred interest balance, we will apply these excess amounts to the deferred interest promotion balance. DEFERRED…”
“…eed your Monthly Minimum Payment, we will apply these excess amounts in the order required by applicable law. During the last two Billing Cycles of a deferred interest period, if you have an outstanding deferred interest balance, we will apply these excess amounts to the deferred interest promotion balance. HOW INTE…”
“…eed your Monthly Minimum Payment, we will apply these excess amounts in the order required by applicable law. During the last two Billing Cycles of a deferred interest period, if you have an outstanding deferred interest balance, we will apply these excess amounts to the deferred interest promotion balance. 14851-00…”
The issuer reserves the right to change your rates, fees and terms at any time.
Show the exact wording ↓Hide wording ↑
“…to the collection of your Account to the extent permitted by applicable laws. Change of Terms. Subject to the limitations of applicable law, we may, at any time, change or remove any of the terms and conditions of, or add new terms or conditions to, this Agreement. If required by applicable law, we will mail written notice of such a change to…”
“…d others. You may have the right to opt out of some information sharing. For more details, please refer to our privacy notice. 20. Change in Terms We reserve the right to amend this Agreement at any time, by adding, deleting, or changing provisions of this Agreement. We will provide notice only to the extent required by applicable federal law or the l…”
“…t our prior written consent; any attempted transfer in violation of this Section is null and void. 31. Change of Terms. Subject to applicable law, we may amend this Agreement at any time, including by adding, modifying, or deleting provisions, altering interest rates, fees, or other charges, or changing credit-related policies, based…”
The contract lets you reject arbitration (usually within a short deadline) and keep your right to sue.
Show the exact wording ↓Hide wording ↑
“…effect. However, if the Class Action Waiver is deemed unenforceable, then this entire Arbitration Agreement shall be void and of no force and effect. You may reject this Provision in its entirety (and any subsequent amendment), in which case only a court may be used to resolve any dispute or Claim. Rejection will…”
“…wever, if the Class Action Waiver is deemed unenforceable, then this entire Arbitration Agreement shall be void and of no force and effect. 14779-002 You may reject this Provision in its entirety (and any subsequent amendment), in which case only a court may be used to resolve any dispute or Claim. Rejection will…”
“…HIS AGREEMENT IS SUBJECT TO MANDATORY ARBITRATION PURSUANT TO THE FEDERAL ARBITRATION ACT AND A WAIVER OF CLASS ACTION AND JURY PROVISION, UNLESS YOU OPT-OUT AS DETAILED IN THE ARBITRATION SECTION BELOW OR UNLESS YOU ARE COVERED BY THE MILITARY LENDING ACT. IF YOU ARE COVERED BY THE MILITARY LENDING ACT, THEN SECTION 22 DOES NOT APPL…”