The Best Deal All Year! Pay a single year rate for both 2021 and 2022!

No renewal until March 2023!

Submit your End-of-Summer Application with remittance by credit card or check by August 31st, and receive 18 months of membership for the cost … Read the rest

AFSA President: Rate Caps Lead to Civil Rights Losses, Not Consumer Protection Victories

WASHIINGTON, JULY 29, 2021 (View release in PDF) — Bill Himpler, President & CEO of the American Financial Services Association (AFSA) … Read the rest

On Thursday, July 29 2021, AFSA President & CEO Bill Himpler testified before the Senate Committee on Banking, Housing & Urban Affairs in a hearing entitled “Protecting Americans from Debt by Extending the Military’s 36% Interest… Read the rest

The 2021 AFSA Annual Meeting is bringing attendees to our nation’s capital to highlight how consumer credit is creating opportunities for our customers.

• Explore the evolving landscape of consumer credit – from global to local – and learn

Join us on August 5 at 2:00 p.m. ET for New Data: Why Consumers Struggle Paying Bills, presented by PayNearMe.

What makes paying bills so hard? While other payment experiences (such as ecommerce, P2P and subscriptions) are simplifying the … Read the rest

On July 22, Consumer Reports published an article focusing on the new anti-consumer, all-in rate cap that Illinois imposed on its consumers earlier this year. 

The author reached out to AFSA, asking some common questions on rate… Read the rest

This week, the House of Representatives passed the “Consumer Protection and Recovery Act” (H.R.2668) to give the Federal Trade Commission (FTC) enhanced ability to bring enforcement actions against fraudsters and scammers and collect… Read the rest

The recent 2021 “Report on the Military Lending Act and the Effects of High Interest Rates on Readiness” is public and makes the following statement:

“The [Military Lending Act and Military Annual Percentage Rate] support Service members… Read the rest

This episode of the AFSA Extra Credit Podcast is the third edition of our 50-state series, where we’ll be asking questions of financial services regulators around the country. We’ll make our way through all 50 states getting to know the regulators… Read the rest

The use of expanded Fair Credit Reporting Act (FCRA) – or alternative – data has continued to gain popularity among lenders and financial institutions. Today’s volatile economy, exacerbated by financial disparities created by the… Read the rest