Maybe the tide is starting to change. ABC News’ Good Morning America show’s piece on what a scam mandatory arbitration is for credit cards is great.
Among its highlights are a women who was harassed and sued for some one else’s debt, and a judge who was black balled for deciding in the consumer’s favor once. At the end it points out that often the credit card companies get judgments because they served the claim on old outdated addresses, so the consumers never show up.
But the best part of the whole things is the way they boil it down to the fact that NAF and the other arbitration firms are “selling justice.” That line say it all.
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