<story><title>Chase did a bad thing, so we did a good thing</title><url>https://www.chaseoptout.com/</url></story><parent_chain><item><author>rkhassen</author><text>For me the red flag is them willing to send this letter to Chase, via snail mail at no charge to you. Nobody gives something for nothing. So I thought, why would they do this? after reading through the form, at the bottom, it looks like one of the companies, who sponsors this site, &amp;quot;Radvocate&amp;quot; seems like they are in the &amp;quot;class action&amp;quot; lawsuit business. &lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;myradvocate.com&amp;#x2F;&quot; rel=&quot;nofollow&quot;&gt;https:&amp;#x2F;&amp;#x2F;myradvocate.com&amp;#x2F;&lt;/a&gt;&lt;p&gt;This site is about having enough potential clients are able to sue Chase at some point in the future, whenever a class action lawsuit comes up - and heck, they even will have a customer list and a relationship with you from sending this &amp;quot;free&amp;quot; letter for you in the past.&lt;p&gt;Usually in those kinds of cases, the end recipient gets very little - perhaps some subscription to a ID protection service or a few bucks but the firm who runs the class action makes a lot.&lt;p&gt;On the one hand, maybe it helps keep them honest (they cite Wells Fargo) so its good to be able to. But clearly there is some vested interest here on the part of Radvocate.</text></item></parent_chain><comment><author>mjkornbl</author><text>Radvocate here: 
We do have a vested interest. Over time, we want to be the place you come when you have a dispute against a big company because we&amp;#x27;ll fight hard for you.&lt;p&gt;We&amp;#x27;re excited to partner on this project partly because it is very &amp;quot;on brand&amp;quot; for us from that perspective — we can help people, get our name out there, and shine light on an issue that matters to us. We&amp;#x27;re a business, but we&amp;#x27;re also all in this business (instead of some other business) because we want to make the system fairer for consumers.&lt;p&gt;ETA: Also, to correct one misapprehension: we are not in the class action business. We actually help consumers pursue individual arbitrations. We think more people should know that even if their contract doesn&amp;#x27;t let them sue, they actually do have a way to assert their power through arbitration. If anything, we&amp;#x27;ll have more customers for our current business if no one opts out of their Chase clause.</text></comment>
<story><title>Chase did a bad thing, so we did a good thing</title><url>https://www.chaseoptout.com/</url></story><parent_chain><item><author>rkhassen</author><text>For me the red flag is them willing to send this letter to Chase, via snail mail at no charge to you. Nobody gives something for nothing. So I thought, why would they do this? after reading through the form, at the bottom, it looks like one of the companies, who sponsors this site, &amp;quot;Radvocate&amp;quot; seems like they are in the &amp;quot;class action&amp;quot; lawsuit business. &lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;myradvocate.com&amp;#x2F;&quot; rel=&quot;nofollow&quot;&gt;https:&amp;#x2F;&amp;#x2F;myradvocate.com&amp;#x2F;&lt;/a&gt;&lt;p&gt;This site is about having enough potential clients are able to sue Chase at some point in the future, whenever a class action lawsuit comes up - and heck, they even will have a customer list and a relationship with you from sending this &amp;quot;free&amp;quot; letter for you in the past.&lt;p&gt;Usually in those kinds of cases, the end recipient gets very little - perhaps some subscription to a ID protection service or a few bucks but the firm who runs the class action makes a lot.&lt;p&gt;On the one hand, maybe it helps keep them honest (they cite Wells Fargo) so its good to be able to. But clearly there is some vested interest here on the part of Radvocate.</text></item></parent_chain><comment><author>dsfyu404ed</author><text>From a &amp;quot;consumer who wouldn&amp;#x27;t individually sue chase&amp;quot; perspective I see nothing wrong here.&lt;p&gt;I know many here consider this to be ideological heresy but it&amp;#x27;s possible to have a transaction where both parties come out ahead and this seems like one of those win-wins to me.  They do a little work for you in exchange for putting your name on a list of people they can use in a class action, you might even get $5 or something out of it if they win.&lt;p&gt;Putting your PII into a random website should be what raises red flags here.  I hope they&amp;#x27;re not storing the account numbers, or at least not storing them with the associated personal details.</text></comment>