On September 8 the IRS’ long-awaited regulations on the car loan interest deduction were published in the Federal Register. Since the enactment of legislation establishing this new tax deduction, AFSA has been front and center. In consultation with our vehicle finance company members, we collected questions and suggestions to share with the Treasury Department and the […]

AFSA’s State Government Affairs September white paper looks at the state legislative landscape on disparate impact liability in lending. As federal agencies pull back on disparate impact enforcement, states such as Illinois and New Jersey have moved to preserve or strengthen it, while similar efforts in Delaware stalled and New York reminded lenders that state fair lending law […]

A series of coordinated op-eds has recently attempted to defend for-profit debt settlement companies while opposing federal legislation to better regulate them. The pieces share similar arguments, similar attacks on AFSA, and a similar omission. None of them refutes the facts. AFSA responded in the American Banker and revisited those facts. Among them: The settlement […]