NACA joins consumer groups and banking industry associations to urge Congress to clarify that individual stimulus payments are not subject to garnishment.
NACA joins 41 consumer, labor, oversight, civil rights, and student advocacy groups on a letter to the Congressional Oversight Commission to urge the Commission to ensure that predatory for-profit colleges do not misuse or misappropriate CARES Act relief funds.
"Ira Rheingold, executive director of the National Association of Consumer Advocates, said the most important thing is to take action early. It likely will be difficult to reach overwhelmed employees at banks and credit card companies, he said.
Project on Government Oversight, Amid Pandemic, Congress Suspends Evictions - But Not for All
"Whether a landlord has a federally backed loan 'is nearly impossible for renters to figure out,' Ira Rheingold, executive director of the National Association of Consumer Advocates and chairman of the board of the Center for Responsible Lending, told the Project On Government Oversight (POGO).
NACA members in Ohio sent a letter to State Attorney General Dave Yost calling on his office to suspend collection of debts owed to the state, particularly student and medical debt, during the ongoing COVID-19 emergency.
Written by Christine Hines, Legislative Director
Call for Credit and Debt Protections to Address Financial Distress From COVID-19
Consumer, civil rights, housing, and labor organizations wrote to congressional leaders to recommend that the stimulus package for COVID-19 provide substantial relief for workers, consumers, and small businesses.