Jump to content

NAF/Arb stats.. scary

Recommended Posts

read this article today regarding some NAF cases which even involved people who opted out and identity theft.. here is a chilling paragraph.... thought I would share


NAF's executive director has testified that the firm handles

about 50,000 arbitrations of debt collection cases each year. According

to documents produced in one lawsuit by NAF itself (see exhibits at the

end of this paper), the consumer prevailed in just 87 out of 19,705

arbitrations NAF shepherded to an outcome. So NAF's client in this

example, First USA Bank, prevailed a disturbing 99.56% of the time!

Link to comment
Share on other sites

This topic is now closed to further replies.

  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.. For more information, please see our Privacy Policy and Terms of Use.