Thomas
Anderson,#2Consumer Comment
Fri, August 04, 2006
They will squeeze you all they can. I am not sure how you can refuse to pay unless you have a solid paper trail- and expert guidance. Arbitration is almost a garanteed loss for you. MBNA will probably bring the arbitrator far more business than you ever will, and you know the rule about not biting the hand that feeds you. Your best approach is to pay MBNA enough to keep from having you credit rating slammed while you look for another credit resource. Then leave MBNA. Fighting with MBNA seems ill advised. Do you have a local bank, S&L, or credit union that treats you well? Talk to them.