http://themoderatevoice.disqus.com/enThu, 16 Jul 2009 21:43:18 -0000http://themoderatevoice.com/religion/ideologies/capitalism/20259/business-week-consumer-credit-arbitration-you-lose/#comment-12795965<p>While the conflict of interest concerns are appropriate, the time per arbitration factor, while it may be bad, is not necessarily a problem if most of the cases involve simple defaults or failures to state a claim (e.g. I can't afford to make a payment because ... ). Limited jurisdiction state courts are similarly swift in dispatching those kinds of cases and those kinds of cases make up a large percentage of all limited jurisdiction state court collection cases.</p><p>It isn't entirely clear to what extent these are bona fide contested "disputes over bills," and to what extent these are simply unpaid bills that lenders are enforcing.</p><p></p>ohwillekeThu, 16 Jul 2009 21:43:18 -0000