"'There is lots of money to be made by the credit card companies by charging this interest,' Ira Rheingold, executive director with the National Association of Consumer Advocates, previously told NextAdvisor for an article about how credit cards work."
"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."
Amicus Brief in Support of Plaintiffs-Appellees in Expressions Hair Design v. Schneiderman
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."
Amicus Curiae Brief Expressions Hair Design v. Eric Schneiderman
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.