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[29 Jul 2009 | No Comment | 2,628 views]

From Consumer Fraud Blawg:
Two recent news items should come as welcome news to consumers. Regulatory and private action has led to the suspension of consumer credit collection arbitration by two groups who administer arbitration claims across the country. Given the anti-consumer nature of arbitration, these actions should help level the playing field for consumers in debt-related disputes.
National Arbitration Forum to stop administering consumer debt arbitration claims
In another pro-consumer effort, Minnesota Attorney General Lori Swanson recently reached a settlement with the …