AFSA signed a joint trade urging the Senate Banking Committee to introduce legislation to limit the threat credit repair scams pose to consumers and credit markets.

As several state and federal regulators have warned, credit repair organizations… Read the rest

Today, AFSA commented on the CFPB’s proposal to radically reduce the safe harbor dollar amount for late fees. AFSA asked the CFPB not to proceed with rulemaking, as the proposal fundamentally misunderstands the role of late fees, would negatively… Read the rest

AFSA’s State Government Affairs team published it’s May white paper focusing on algorithms, artificial intelligence, and automated decisionmaking.

Artificial intelligence (AI) and algorithms have transformed numerous… Read the rest

The featured Premier Business Partner for May is RSM.

RSM US LLP is the leading provider of audit, tax and consulting services focused on the middle market, with 9,000 people in 90 offices nationwide. Our full range of services help specialty… Read the rest

Over the last several years, scrutiny placed on lenders in connection with the financing and servicing of voluntary protection products (add-ons) has increased tremendously. Recently, the industry has seen an increase in activity on the… Read the rest

The Power of Pricing Optimization in a Tumultuous Auto Finance Landscape
April 13, 2023 | 2:00 p.m. ET

The perfect storm has arrived in today’s auto finance market. Digitalization, inflation, increasing cost of funds, and evolving consumer… Read the rest

Today, AFSA responded to the CFPB’s proposed nonbank registry related to enforcement. The proposed rule would require nonbank-covered persons to register and submit specific information to the proposed registry regarding… Read the rest

Digital Solutions Make Easier Payments Possible
March 30, 2023 | 2:00 p.m. ET

Keeping up with evolving consumer payment preferences can seem like an impossible task. Integrating next-gen payment solutions can help you provide the payment… Read the rest

AFSA joined with the Consumer Bankers Association and the U.S. Chamber of Commerce in an amicus brief supporting a motion to dismiss a joint Consumer Financial Protection Bureau (CFPB) and New York Attorney General (NY AG) enforcement action.… Read the rest

The well documented failures of Silicon Valley and Signature Banks have raised fundamental questions about the role of federal regulators, the importance of regional vs. national banks, as well as the overall state of the U.S. economy.

Questions… Read the rest