I just received a new Discover More Card in the mail today. Upon reading the enclosed documentation I see that unless I submit a letter to "Reject Arbitration" I will automatically be obligated. Should I reject the arbitration, anf if so, should I send it CMRRR or will they send me a letter to confirm?
Yes. Reject it. Yes. Send it CMRRR No. They won't (hence the above) And don't forget to pat yourself on the back for reading the fine print!
Be prepared for them to close your account when you reject the arbitration. DO IT ANYWAY, you do not want to get involved with NAF.
That's what I thought might happen, but on the accounts that I've done this on, they actually upped my limit.
