Student Advocacy Groups Send Letter in Support of Rohit Chopra

NACA joins student loan and student borrower advocacy groups on a letter to the U.S. Senate Committee on Banking, Housing and Urban Affairs in support of Federal Trade Commisioner Rohit…

NACA in the News: 3 ways to avoid legal problems while buying a car

News 12 New Jersey, 3 ways to avoid legal problems while buying a car “Undisclosed defects was the issue at the top of the list. A whopping 84% of consumer attorneys handled…

NACA in the News: Kraninger Leaves CFPB Diminished Yet Ready for Biden Ramp-Up

Bloomberg Law Kraninger Leaves CFPB Diminished Yet Ready for Biden Ramp-up “The Consumer Financial Protection Bureau under former Director Richard Cordray was seen as a robust regulator that aimed to…

NACA in the News: Student advocates struck by absence of debt forgiveness in Biden’s coronavirus recovery plan

The Washington Post Student advocates struck by absence of debt forgiveness in Biden’s coronavirus plan “In a joint statement, Americans for Financial Reform, the Center for Responsible Lending, Student Debt…

NACA in the News: $1 fines from consumer agency were common under Trump. That’s about to change.

Los Angeles Times, $1 fines from consumer agency were common under Trump. That’s about to change “‘The CFPB’s once-stellar enforcement record and overall effort to stop illegal activity and hold financial…

NACA in the News: Millions will get their relief payment via debt card. That’s good…and bad

Marketplace Millions will get their relief payment via debt card. That’s good…and bad. “The cards also come with terms of service. And Ira Rheingold, executive director of the National Association…

Groups Renew Call to Oppose Business Immunity in COVID-19 Relief Package

NACA joined a coalition of 142 public interest groups on a letter to the U.S. Senate opposing liability shields for unsafe businesses in any new COVID-19 relief packages. The letter…

NACA Joins Letter Thanking Senator Sherrod Brown for His Strong Stance on Fintech

NACA joined a letter from public interest groups to Senator Sherrod Brown thanking him for his commitment to ensuring fintech companies are required to follow the same rules as traditional…

How Do Credit Cards Work?

Next Advisor, How Do Credit Cards Work? “‘There is lots of money to be made by the credit card companies by charging this interest,’ says Ira Rheingold, executive director with the National Association…