In this episode of the AFSA Extra Credit Podcast we talk with Tom Hudgins, 2021 AFSA Chair and President & COO of Western Shamrock. Tom has been an integral part of AFSA leadership for many years and has served on many committees and working groups. His counsel and expertise have helped AFSA continue the important work of protecting access to consumer credit and choice.
In this episode, we chat with Tom about some of the things Western Shamrock has done in order to continue to support their customers and employees during these uncertain times. We also talk a bit about some of the things Tom has learned over his many years in the consumer credit industry and what he’s looking to accomplish during his time as AFSA Chairman.
LISTEN | AFSA Extra Credit Podcast w/ AFSA Chair Tom Hudgins
Nov 10, 2020
In this episode of the AFSA Extra Credit Podcast we talk with Tom Hudgins, 2021 AFSA Chair and President & COO of Western Shamrock. Tom has been an integral part of AFSA leadership for many years and has served on many committees and working… Read the rest
The CFPB Debt Collection Rule: Compliance Considerations
Nov 09, 2020
Join us on November 17 at 1:00 p.m. ET for The CFPB Debt Collection Rule: Compliance Considerations, presented by Hudson Cook & Weltman. The CFPB has issued its first of two anticipated final rules on debt collection. While the rule is… Read the rest
Auto Loan Accommodations: Insights from the Past, Applications for the Present
Nov 06, 2020
Join us on December 3 at 2:00 p.m. ET for Auto Loan Accommodations: Insights from the Past, Applications for the Present, presented by TransUnion.
The COVID-19 pandemic significantly impacted consumers and businesses, and the auto industry… Read the rest
AFSA Requests TCPA Exemptions for Consumer Finance Industry
Nov 05, 2020
The American Financial Services Association (AFSA) replied to the Federal Communications Commission’s (FCC) proposed rulemaking regarding certain exemptions under the Telephone Consumer Protection Act (TCPA) for companies making… Read the rest
Start Your Engines for the 2021 Vehicle Finance Conference!
Nov 04, 2020
AFSA is excited to announce that the 2021 Vehicle Finance Conference will be held online from February 23 through February 25; AFSA committees will meet the preceding week, February 16 through February 18 (more details to come).
Each day will… Read the rest
CFPB Issues Final Rule Amending Disclosure of Records and Information Regulation
Nov 03, 2020
The Consumer Financial Protection Bureau (CFPB) finalized a rule amending its Disclosure of Records and Information Regulation. In the rulemaking, the CFPB addresses the confidential treatment of information the agency obtains while… Read the rest
OCC Adopts AFSA’s Suggestions, Finalizes ‘True Lender’ Rule
Nov 02, 2020
This week, the Office of the Comptroller of the Currency (OCC) finalized the “true lender” rule. At issue is partnerships between third-party nonbanks and federal savings associations or national banks which have led to loans being underwritten… Read the rest
November Business Partner Spotlight: GOLDPoint Systems
Nov 01, 2020
The featured Business Partner for November is GOLDPoint Systems, which offers one of the most complete Loan Management Software Systems in the Direct and Indirect market, covering the complete loan life cycle. We asked them a few questions… Read the rest
CFPB Issues Final Debt Collection Rule
Oct 30, 2020
For the first time in the Fair Debt Collection Practices Act’s (FDCPA) 40-plus-year history, a regulatory agency has issued rules under the statute.
The new rulemaking, issued by the Consumer Financial Protection Bureau (CFPB), … Read the rest
AFSA Comments on CA Commercial Financing Disclosures
Oct 30, 2020
AFSA’s State Government Affairs (SGA) team recently sent a letter to the California Department of Business Oversight (DBO)—now renamed the Department of Financial Protection and Innovation—to provide comments on the department’s recently… Read the rest