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Elizabeth Warren on the Credit Card Industry

Harvard Law Professor Elizabeth Warren is an expert on bankruptcy and is an outspoken critic of consumer lenders.

Recently she appeared before the Senate Banking Committee to discuss the abusive lending practices by credit card companies. She considers the interest charges and late fees imposed by credit card companies to a "hidden tax" on cardholders.

Warren is also the author of The Two-Income Trap: Why Middle Class Mothers and Fathers Are Going Broke.

Copyright 2023 Fresh Air. To see more, visit Fresh Air.

WUSF 89.7 depends on donors for the funding it takes to provide you the most trusted source of news and information here in town, across our state, and around the world. Support WUSF now by giving monthly, or make a one-time donation online.