Consumer Contracts Should Not Be Secrets
March 18, 2014
Consumer Contracts Should Not Be Secrets
The Hill‘s Congress Blog published here Professor Jeff Sovern and Theresa Amato’s description of their multi-hour odyssey to obtain the full terms of one credit card contract without having to apply for the card.
Imagine what would be required to obtain several sets of terms to be able to comparison shop! Congress should require all businesses that use business to consumer contracts to make them publicly available before the consumer transaction.