AFSA recently joined the Bank Policy Institute (BPI) and America’s Credit Unions (ACU) in filing an amicus brief in support of the argument that the CFPB’s recent changes to the Supervision and Examination Manual go far beyond policing intentional discrimination. In March 2022 the Bureau amended the UDAAP chapter of the manual to address the interaction between unfairness and discriminatory conduct. In September 2022 the U.S. Chamber of […]
The New York Times reached out recently for AFSA’s perspective regarding the recent Consumer Financial Protection Bureau supervisory review of auto financing practices. We were happy to share some thoughts for the Times’ story (subscription required). As we noted, the CFPB is quick to categorize errors as though they are malicious, intentional … or profitable. […]
AFSA has launched a fundraising effort to support short- and long-term recovery efforts in communities across the southeast U.S. affected by Hurricanes Helene and Milton, virtually raffling off one fully paid registration for the 2025 AFSA conference of the winner’s choice, Vehicle or Independents Conference & Expos in New Orleans or Huntington Beach, CA respectively, or the Annual […]
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.