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Banking contracts bill squeaks by in Senate vote

A bill allowing financial institutions to change contract terms on customers without explicit acceptance narrowly passed the Senate Tuesday on a 28-21 vote and now moves one step closer to

Bills place best interest of banks over right of customers to seek legal recourse

Banks, credit unions stinging from court losses turn to legislature

Banks, credit unions turn to Legislature after stinging court losses – Indianapolis Business Journal

The revival of a bill that would allow banks to change contract terms without explicit consent from their users rang alarm bells for consumer advocates but faced little opposition in the Indiana House. Additionally, the proposal would override two recent opinions from the Indiana Supreme Court.

Indiana bank bills could erode consumer protections

Indiana bank bills could erode consumer protections
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