Only six percent of consumers win credit card arbitration

Only six percent of consumers win credit card arbitration

by Carol Thompson According to a study conducted by Public Citizen, consumers only win six percent of the credit card disputes that are taken to arbitration. In the more than 19,000 cases studied by the consumer advocacy organization, 94 percent of the decisions...
Arbitration: The Best Thing Since the Invention of Penicillin?

Arbitration: The Best Thing Since the Invention of Penicillin?

Arbitration. It’s a word not too many bring up in everyday conversation, but it’s a word that is an integral part of most everyone’s life. It is often included in the fine print that few, if any, read. When signing for a credit card, cell phone, or even the purchase...