There have been many reports in the news lately that credit card companies are willing to settle 35%-50% of the balances owed.
I agree with these reports, as I have talked to many clients recently about their own debt settlement successes. Many of them have indeed been able to settle for as little as [...]
Entries Tagged as 'Credit Card Company'
Consumers Prevail in Arbitration with Credit Card Companies just .2% of the Time
June 10th, 2008 · 17 Comments · I'm being sued!
In March, Dennis J. Herrera, San Francisco’s city attorney, sued National Arbitration Firm, (NAF), a for-profit company based in Minneapolis which specializes in resolving claims by banks, credit card companies, and major retailers that contend consumers owe them money. In the suit, Herrera accused the NAF, which handles many firms in California state court, [...]
Tags: Arbitration·Business Week·Credit Card Company·lawsuit·NAF·National Arbitration Forum
