In major settlement, St. Louis Park company agrees to stop handling consumer arbitration disputes
Less than a week after being sued by the Minnesota attorney general’s office, the nation’s largest arbitrator of credit card and consumer collections has agreed to stop performing such work, state Attorney General Lori Swanson announced today. The National Arbitration Forum, based in St. Louis Park, allegedly deceived consumers into thinking it was a neutral arbitrator in debt collection, the lawsuit said. In reality, the suit alleged, the company had worked behind the scenes with credit card companies and other creditors, such as cell phone providers, to write themselves into customer purchase agreements as the sole arbitrator consumers could use if they had issues with their creditors. At…
from WN.com – Entertainment News
This is an attorney general that has been slammed (and hard) for busting a union in her office. The Minnesota Legislative Auditor confirmed last year that Lori Swanson ordered attorneys in her office to falsify affidavits, file meritless lawsuits for good press, etc. She’s a bad apple, and while I’m no fan of NAF, I think it’s unfortunate that progressives are willing to turn a blind eye to the awful things that Lori Swanson has done in her office just because we dislike NAF. NAF is terrible, but Lori Swanson has shown that her tactics aren’t any better.