AFSA’s State Government Affairs team recently submitted comments expressing serious concerns with Maryland’s HB 1198, a well‑intentioned bill aimed at addressing economic abuse but written so broadly that it may unintentionally enable… Read the rest

AFSA’s State Government Affairs team has sent a letter urging Oregon’s governor to veto HB 4116, warning that the bill would strip state‑chartered banks of essential DIDMCA protections while leaving national banks untouched.

The… Read the rest

AFSA supports Financial Institutions Subcommittee Chair Andy Barr’s (R-KY) legislation, “Eliminating Fraud in the CFPB’s Complaint Database Act” (HR 7588). The bill mandates that complaints submitted to the CFPB database must be true… Read the rest

The Spring 2026 FICO Score Credit Insights report highlights a U.S. credit landscape marked by both relative stabilization and growing segmentation.

The average national FICO score slipped to 714 in October 2025, down from 715 in April 2025… Read the rest

BUSINESS PARTNER WEBINAR
Rethinking Auto Recoveries: The Role of Secured Debt Sales in Today’s Market
March 26, 2026 at 2:00 p.m. ET

As auto lenders navigate rising delinquencies, evolving consumer expectations, and increased regulatory… Read the rest

AFSA is grateful for Sens. Chris Coons (D-DE) and Lisa Murkowski’s (R-AK) introduction of bipartisan legislation, S. 4144, the Ending Scam Credit Repair Act (ESCRA), to combat credit repair organization scams. By establishing stronger… Read the rest

The American Financial Services Association welcomes the Trump Administration’s comprehensive national framework for artificial intelligence policy and applauds its commitment to harnessing AI’s transformative potential… Read the rest

As AFSA staff and members fanned out across the nation’s capital earlier this week to spread the word to Congress and the Administration on the benefits of consumer credit, a new survey from the Federal Reserve Bank of New York reported mixed… Read the rest

On March 18 New York Governor Kathy Hochul signed into law the state’s coerced debt chapter amendment bill (AB 9460/S 8830), an important update several months in the making. The signing follows AFSA’s outreach last fall, when we submitted… Read the rest

This week more than 30 AFSA members flew in from across the country for meetings at the White House, Treasury Department, Federal Trade Commission and CFPB, on top of discussions with more than 20 members of Congress and their staff from both… Read the rest