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Beneficial National Bank v. Payton
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| Beneficial National Bank v. Payton | |
| Court | Southern District of Mississippi |
|---|---|
| Citation | 214 F. Supp. 2d 679 |
| Date decided | August 23, 2001 |
Facts
In 1925, Congress passed the Federal Arbitration Act.
Mr. Payton opened a revolving credit account with Beneficial National Bank ("Beneficial" which closed down in 2019).
Beneficial reserved the right to "change the terms" if customers received a notice within 30 days.
In 1995, Payton bought a satellite system using his Beneficial account.Case Text Links
