Earlier this week, AFSA received a letter from the office  of Sen. Elizabeth Warren (D-MA) seeking information on vehicle repossession errors. We are reviewing the letter and the data request, but it’s important to note that vehicle… Read the rest

Sen. Jack Reed (D-RI) reintroduced legislation to impose a national 36% “all in” rate cap on consumer loans. Small dollar loans, credit cards, and other forms of short-term credit are crucial in helping consumers from all economic backgrounds… Read the rest

Senate Banking Committee Sens. Ruben Gallego (D-AZ) and Bernie Moreno (R-OH) announced the bipartisan “Safeguarding Consumers from Advertising Misconduct (SCAM) Act.”  The legislation requires that online platforms take reasonable… Read the rest

“Industry Expertise” is sponsored content produced by AFSA’s Business Partners’ to provide thought leadership and best practices for AFSA member companies. For more information about this sponsored content opportunity, contact Dan … Read the rest

“Industry Expertise” is sponsored content produced by AFSA’s Business Partners’ to provide thought leadership and best practices for AFSA member companies. For more information about this sponsored content opportunity, contact Dan … Read the rest

Finance companies are growing increasingly optimistic about the consumer credit landscape over the next six months, with lender confidence rising for the second consecutive quarter, according to the latest Consumer Credit Conditions… Read the rest

AFSA Webinar | The Future of Auto Finance Payments: Trends, Challenges, and What Lenders Can Do to Get Ahead
Thursday, February 19 at 2:00 p.m. ET

Auto finance is changing fast—driven by shifting borrower expectations, economic pressure … Read the rest

AFSA staff has filed comments in connection with two CFPB proposals relating to the CFPB consumer complaint portal. These were routine notices of existing information collections relating to the “Consumer Complaint Intake System Company… Read the rest

The U.S. economy entered 2026 riding a wave of momentum. After a small contraction in the first quarter of last year, real GDP growth accelerated throughout 2025 and is on track to post an increase of between 2.5 and 3 percent (on a Q4/Q4 basis)… Read the rest

Affordability and cost-of-living concerns remain top of mind for many Americans. Despite a positive outlook for 2026, AFSA’s Consumer Credit Conditions (C3) Index for the third quarter of 2025 revealed ongoing concern among lenders and… Read the rest