Yesterday, I blogged about a video produced by Americans for Fairness in Lending concerning predatory credit card lending to college students, with the video imbedded. I just learned that daily email subscribers from this blog were not able to see the imbedded video. So, for those folks, here's the video. Enjoy.
Discover also has a clause in their contracts that allows them to use the NAF (national arbitration forum) in which is paid by discover and discover is paid for using them, therefore siding with Discover in 99.999 of the cases. Now the catch is the arbitration process is a violation of your constitutional rights to due process ( trial by jury ). The arbitration can not be allowed if you do not agree to the suit. Both parties must have an EQUAL amount to lose, where they start with a winning hand.
Posted by: Apply for Credit Cards | Wednesday, October 10, 2007 at 01:10 PM
Discover also has a clause in their contracts that allows them to use the NAF (national arbitration forum) in which is paid by discover and discover is paid for using them, therefore siding with Discover in 99.999 of the cases. Now the catch is the arbitration process is a violation of your constitutional rights to due process ( trial by jury ). The arbitration can not be allowed if you do not agree to the suit. Both parties must have an EQUAL amount to lose, where they start with a winning hand.
Posted by: Apply for Credit Cards | Wednesday, October 10, 2007 at 01:10 PM
Discover also has a clause in their contracts that allows them to use the NAF (national arbitration forum) in which is paid by discover and discover is paid for using them, therefore siding with Discover in 99.999 of the cases. Now the catch is the arbitration process is a violation of your constitutional rights to due process ( trial by jury ). The arbitration can not be allowed if you do not agree to the suit. Both parties must have an EQUAL amount to lose, where they start with a winning hand.
Posted by: Apply for Credit Cards | Wednesday, October 10, 2007 at 01:10 PM