Financial Literacy Month is a wrap and the AFSA Education Foundation was honored to attend the U.S. Treasury Department‘s financial literacy roundtable hosted by its Offices of Community and Economic Development and Consumer Policy. A highlight of meeting, entitled Empowering Americans in Underserved Communities through Financial Literacy, was hearing from partner organization representatives and Treasury Secretary Scott Bessent sharing his personal financial literacy story. […]

AFSA’s May State Government Affairs white paper details how states are increasingly considering “all-in” rate caps that redefine how APR is calculated. These new laws, often modeled after the Military Lending Act’s broader MAPR definition, risk distorting the true cost of credit and confusing borrowers. With potential consequences including reduced credit access and unintended economic fallout, lawmakers must carefully evaluate […]

The House Financial Services Committee approved legislation this week to reduce by almost 60 percent the funding the Consumer Financial Protection Bureau can receive from the Federal Reserve. The committee voted along party lines, 30-22, to advance its portion of a broader reconciliation package congressional Republicans are crafting to implement President Trump’s priorities. Democrats offered […]

In today’s competitive financial landscape, staying ahead requires more than just traditional approaches to asset finance. When it comes to money at work between lenders and borrowers, usage-based financing is transforming auto and equipment finance by shifting from fixed-cost ownership to flexible “pay-as-you-use” models. These models offer benefits such as lower upfront costs for customers […]

Join us Thursday, May 8th at 2:00 p.m. ET! Consumer preferences are shifting fast, and payment strategies need to keep up. In this webinar, we’ll explore how modern payment technology is helping financial institutions and merchants meet the growing demand for debit, reduce delinquencies, and deliver a more flexible, user-friendly experience. Speaker: David Graves, Vice […]

Start booking your rooms now! Deadline Friday, May 2. Please call the reservations line at +1 (888) 591-1234 or use this link to reserve your guest room at the discounted AFSA rate! You must mention you are with AFSA to receive this special room rate. The room block always fills up before the registration deadline so call as soon […]

Join us Thursday, May 8th at 2:00 p.m. ET! Consumer preferences are shifting fast, and payment strategies need to keep up. In this webinar, we’ll explore how modern payment technology is helping financial institutions and merchants meet the growing demand for debit, reduce delinquencies, and deliver a more flexible, user-friendly experience. Speaker: David Graves, Vice […]

Start booking your rooms now! Deadline Friday, May 2. Please call the reservations line at +1 (888) 591-1234 or use this link to reserve your guest room at the discounted AFSA rate! You must mention you are with AFSA to receive this special room rate. The room block always fills up before the registration deadline so call as soon […]

AFSA’s State Government Affairs team submitted a comment letter to the Rhode Island Senate Committee on Commerce regarding Senate Bill 17, which addresses so-called “junk fees” and deceptive pricing practices.​ AFSA expressed concern that the bill’s broad language could unintentionally affect financial institutions already governed by federal laws like the Truth in Lending Act (TILA) and the […]

AFSA’s State Government Affairs team submitted a comment letter to the New York Department of Motor Vehicles regarding proposed electronic lien and lease reporting requirements. AFSA expressed concern that mandating all lenders and lessors to use a single third-party vendor for electronic reporting would create unnecessary burdens, increase costs, and delay processing for vehicle titles in New […]