My wife’s former hair stylist was an immigrant struggling with the loss of income after the Covid lockdown. One day the stylist explained she needed eye surgery she could not afford. My wife told her about CareCredit, a company that provides consumer credit for medical care and veterinary care. The next time they met the stylist thanked her. She had scheduled her eye surgery after getting approved by CareCredit. The stylist said she would have up to a year to pay off her surgery interest free.
The anecdote may sound like a story with a happy ending but not according to Senator Elizabeth Warren and some of her Democratic colleagues.