Credit Cards

NACA in the News: "How Trump's election may affect credit, consumers

Release Date: 
November 9, 2016

Creditcards.com, How Trump's election may affect credit, consumers

“'Trump has said some harsh things about the big banks,' said Ira Rheingold, executive director of the National Association of Consumer Advocates. Given that many Trump supporters are the working-class voters who benefit from CFPB rules and refunds, 'It will be interesting to see where the battle lines are drawn,' Rheingold said."

“Consumer Protection and the Credit Crisis”- Testimony Before the United States Senate Committee On Commerce, Science and Technology

Publish Date: 
February 26, 2009
Type: 
legislative

While there is much to say about why we have a human-made disaster of this proportion, millions of American families are just desperately trying to cope with the reality of default or foreclosure on their mortgage loans, or are worried about looming difficulties in meeting their mortgage payments. I will try to address the unfair and deceptive practices targeting homeowners in foreclosure and how government can help protect these families in a time of intense distress.
 

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