This week, the U.S. House of Representatives passed the “Fair Debt Collection for Servicemembers Act” (H.R. 1491), as part of a larger package of noncontroversial measures.
Authored by Rep. Madeleine Dean (D-PA), who serves on the the Financial Services Committee, the bill prohibits a debt collector from threatening a servicemember’s rank, security clearance, or prosecution under the Uniform Code of Military Justice, among protections.
In March AFSA sent Congress a letter supporting H.R. 1491 and encouraged the House to pass it. AFSA thanks Representative Dean and other Members of Congress for addressing potential harassment issues affecting the men and women who defend and protect our nation.
AFSA Applauds House Passage of Debt Collection Protections for Servicemembers
Apr 20, 2021
This week, the U.S. House of Representatives passed the “Fair Debt Collection for Servicemembers Act” (H.R. 1491), as part of a larger package of noncontroversial measures.
Authored by Rep. Madeleine Dean (D-PA), who serves on the the Financial… Read the rest
AFSA Reiterates Importance of ILCs in Congressional Testimony
Apr 20, 2021
Last week, AFSA emphasized to House Financial Services Committee members that ILCs are highly regulated and well-capitalized. AFSA’s testimony was entered into the record by Chairman Ed Perlmutter (D-CO)as part of a subcommittee hearing… Read the rest
WATCH | Don’t Boil the Ocean: Three Steps to Faster Tech Implementations
Apr 20, 2021
Digital transformation is only possible when lenders can dedicate the right resources to the implementation process. In this webinar, Steve Kramer, VP Product with PayNearMe will explore proven ways to get new technology up and running… Read the rest
SAFE BANKING ACT PASSES HOUSE
Apr 20, 2021
The U.S. House of Representatives passed the H.R 1996 – Secure and Fair Enforcement (SAFE) Banking Act of 2021, with overwhelming bipartisan support on a 321- 101 vote, including 106 Republicans.
Sponsored by Representatives Ed Perlmutter… Read the rest
CFPB: SettleIt Leaves Consumers Unsettled
Apr 15, 2021
The Consumer Financial Protection Bureau (CFPB) yesterday filed a complaint in federal district court alleging SettleIt, Inc., of “steering consumers into high-cost loans.” The complaint takes SettleIt to task for “self-dealing,” steering… Read the rest
Rev Up Your Results With RSM Insights
Apr 14, 2021
RSM will present the results of its annual financial performance survey for AFSA Independents and other independently held finance companies across the United States. The results will include current trends for growth, funding, leverage,… Read the rest
AFSAEF Launches New MoneySKILL Personal Finance Courses on AFSA University
Apr 13, 2021
The AFSA Education Foundation is pleased to announce the release of three new MoneySKILL® personal finance courses on the AFSA University training and education platform. In addition to important compliance training, companies that subscribe… Read the rest
LISTEN | Tips & Tricks for Successful Comms Strategies w/ Lane Borrello
Apr 13, 2021
In this episode of the AFSA Extra Credit Podcast we talk with Lane Borrello, Vice President of Public Affairs with GM Financial. Lane shares some of the tips she’s picked up during her career leading the comms shop for a number of large companies.… Read the rest
AFSA Letter: Banning Arbitration is Bad for Consumers
Apr 12, 2021
Today, the American Financial Services Association (AFSA) submitted a letter to the top ranking Democratic and Republican leaders on the House Judiciary Committee in opposition to legislation banning pre-dispute arbitration for servicemembers… Read the rest
TODAY @ 3p ET | Inaugural Women’s Forum Mentoring Event
Apr 08, 2021
Join us on Thursday, April 8, 2021 at 3:00 p.m. ET (2:00 p.m. CT / 1:00 p.m. MT / 12:00 p.m. PT) for the Inaugural Women’s Forum Mentoring Event!
Everyone is welcome to join us with THIS LINK.… Read the rest