Last week, AFSA’s State Government Affairs team released its July white paper. This month’s white paper dives into artificial intelligence. AI and algorithms are transforming industries like financial services, enhancing operations and benefiting consumers. They may improve payment systems through better fraud detection, more accurate underwriting, enhanced customer data analysis, and automated customer service. In credit underwriting, algorithms can […]
The featured Business Partner for the month of July is Cox Automotive. Cox Automotive is transforming the way the world buys, sells, owns and uses vehicles. Dealertrack, Kelley Blue Book and Manheim solutions provide lenders the connectivity and confidence to thrive in this ever-changing automotive market. Learn more on our Business Partner Resource Guide.
AFSA recently joined the U.S. Chamber of Commerce in filing a coalition amicus brief urging the United States Court of Appeals for the Fourth Circuit to hold that a unilateral change-in-terms provision does not render an arbitration agreement illusory and unenforceable. AFSA and the Chamber are arguing for a reversal of the district court’s decision in […]
Consumer Lending by the Numbers
13.7 MILLION consumers hold a traditional installment loan
13.7
million
consumers hold a traditional installment loan
82 MILLION consumers in the PRIME VALUE or better risk tier
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AFSA has assembled a number of resources to help members as they navigate the COVID-19 coronavirus and continue to assist their communities. Click to read more.
