4th Circuit Sends Most Of Servicemembers’ Credit Card Rates Claims To Arbitration

( February 4, 2025, 3:54 PM EST) -- RICHMOND, Va. — The Fourth Circuit U.S. Court of Appeals reversed a trial court’s order that the Servicemembers Civil Relief Act (SCRA) overrode arbitration agreements and permitted former servicemembers to proceed with a class complaint over civilian interest rate charges on credit card balances accrued while servicemembers, opining that the Federal Arbitration Act (FAA) requires enforcement of the arbitration agreements....