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Arbitration Firms Quit Consumer Debt Biz

Credit card, cell phone companies scramble to collect by themselves

By Rob Quinn,  Newser Staff

Posted Jul 22, 2009 8:33 AM CDT

(Newser) – Credit card and cell phone companies are scrambling as two major arbitration firms back out of the business of settling consumer disputes, the Wall Street Journal reports. The National Arbitration Forum—accused in a Minnesota lawsuit of misleading consumers into thinking it was impartial—will...   Read full story »

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