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AFSA White Paper Details COVID State Policy Responses

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The American Financial Services Association State Government Affairs (SGA) team yesterday published a COVID-19 state policy update white paper, the first of two covering state responses to the coronavirus outbreak.

The white paper provides an overview of policy changes states have implemented in response of the pandemic. In order to combat the spread of the virus, all 50 states and the District of Columbia have declared some type of state of emergency to activate available resources; many states have changed legislative session calendars to limit interactions among legislators. Many states are also taking steps to provide economic assistance to individuals facing hardship resulting from the pandemic.

The paper describes some of the consumer-credit policy changes states have implemented, such as mandatory fee waivers, payment deferrals, and moratoriums on repossession and foreclosure.

This paper, along with SGA’s other white papers, can be found on the SGA resources section of AFSA’s website. In addition, AFSA’s coronavirus resource page, updated continually, contains both state and federal tracking charts and advocacy materials. The next COVID-19 state policy update white paper will be released in early May.

AFSA White Paper Details COVID State Policy Responses
Apr 17, 2020

The American Financial Services Association State Government Affairs (SGA) team yesterday published a COVID-19 state policy update white paper, the first of two covering state responses to the coronavirus outbreak.

The white paper provides… Read the rest

Get the Download on PPP & Employee Considerations on the Extra Credit Podcast
Apr 17, 2020

The next two episodes of the AFSA Extra Credit Podcast are a bit different. We talk with attorneys from Troutman Sanders about the impact coronavirus is having on the consumer credit industry. Throughout the conversation, our guests highlight… Read the rest

Himpler: SBA Can Do Right by Businesses & Consumers
Apr 16, 2020

American Financial Services Association President and CEO Bill Himpler posted the following related to the current status of federal COVID-19 response lending policies.

Across the country, member companies of the American Financial … Read the rest

AFSA Submits Comments on Federal Reserve Funding Facilities
Apr 16, 2020

The American Financial Services Association has been in ongoing contact with officials at the White House, Federal Reserve, Treasury, the Small Business Administration, as well as Congress, regarding the various funding programs for … Read the rest

Remote Working: Best Practices and Strategies
Apr 15, 2020

Join us on April 23 at 2:00 p.m. ET for Remote Work: Best Practices & Strategies, presented by Hudson Cook.

In the age of social distancing, “stay at home” orders, and designation of “essential” and “non-essential”… Read the rest

Premier Partner Highlight: FIS
Apr 14, 2020

Premier Partners provide the American Financial Services Association with significant support to ensure the success of not only the association, but the entire consumer-finance industry. We asked the FIS team, AFSA’s February… Read the rest

LISTEN | Paycheck Protection Program & Employee Considerations on the AFSA Extra Credit Podcast
Apr 13, 2020

The next two episodes of the AFSA Extra Credit Podcast are a bit different. We’ll be talking with attorneys from Troutman Sanders about the impact the coronavirus is having on the consumer credit industry. Throughout the conversation,… Read the rest

WEBINAR | Reporting Automotive Loan Payments During COVID-19 Pandemic
Apr 13, 2020

Join us on April 30 at 2:00 p.m. ET for Reporting Automotive Loan Payments During the COVID-19 Pandemic, presented by Equifax.

Drew Rosedale, Data Contributor Services Leader, Equifax and Jenn Reid, VP Strategy & Marketing, Equifax… Read the rest

Bursting the “Bubble” Myth
Apr 10, 2020

In times of economic uncertainty it is not a surprise that any number of economic prognosticators are out there opining and crystal-ball gazing, whether those views are based on facts or not.

One example of this is the myth of a “bubble”… Read the rest

ACI Reviews COVID-19 Impact on AFSA Webinar
Apr 10, 2020

On April 2, ACI/SpeedPay presented a program entitled Consumer Pulse Survey – Focus on Auto Finance Billing and Payment as part of the AFSA Business Partner Webinar Series.

Darcy Locke, Principal New Business Developer, ACI Worldwide… Read the rest

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