Just a quickie for you today… I came across a great resource on The Consumerist blog which shared a letter template for opting out of PayPal’s new arbitration clause.
In case you hadn’t heard, PayPal recently added a clause to its user agreement that forces everyone into mandatory, binding arbitration in the event of legal complaints and takes away the right to join together in a class action unless you opt out in writing.
Apparently, many folks’ opt-out letters were rejected due to improper formatting so the Consumerist came to the rescue with a properly formatted template.
If you want to opt-out, just be sure you get your letter in by the deadline of December 1, 2012.
I got mine in AND I brought this to the attention of my clients and drafted up letters on their biz letterhead on their behalf. All they had to do was sign!
TIP: Alert your clients and do letters for them as well; it’s a great opportunity to show how you’re always looking out for them and provide more value!