As an organization fully committed to advancing justice for consumers, NACA is actively engaged in promoting a fair and open marketplace that forcefully protects the rights of consumers, particularly those of modest means.
Today the fundamental consumer protections that we have depended upon to ensure fairness and justice are under attack. This can be seen in the watering down of federal regulations, the prevalence in consumer contracts of forced arbitration clauses that deny consumers their right to be heard by an unbiased court or jury of their peers, and the ever growing presence of unscrupulous and deceptive business practices that trip and trap consumers into predatory loans, unscrupulous fees, and unconscionable contract terms.
NACA is focused on promoting an agenda that lays the groundwork for rebuilding a consumer justice system that will be based on our nation’s fundamental sense of fairness, equity and honesty. Our agenda items include ensuring that the Consumer Financial Protection Bureau holds corporations and businesses accountable for their predatory practices, fighting to ban the unfair practice of forced arbitration, staunching the swelling tide of foreclosures, strengthening laws that protect consumers from predatory mortgage and unsecured credit lending, unfair debt collection practices, and abusive credit reporting.