Proposed Law Could Limit the Fine Print

Next time you open a new credit card or bank account, all that fine print you’re supposed to read- could be a little shorter. This week, a federal agency proposed a new rule that would allow customers to bring class-action lawsuits against financial institutions- Something that all that fine print didn’t allow before. Tyler Pratt spoke with Loyola University New Orleans Law Professor, Imre Szalai Professor and asked him what he would have to do if he wanted to take his bank to court today.