Credit Cards

NACA in the News: Follow This Golden Rule of Credit Cards to Make Them Work for You

Release Date: 
October 15, 2020

Next Advisor, Follow This Golden Rule of Credit Cards to Make Them Work For You.

"Using a credit card is essentially getting a loan from the bank, says Ira Rheingold, executive director with the National Association of Consumer Advocates. It’s sort of a short-term loan, and you can pay for it in two ways, he says: fees and interest charges."

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

Release Date: 
November 9, 2016, 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

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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