This week, AFSA’s State Government Affairs Team published their white paper on state payday lending databases. Many states have passed laws requiring payday lenders to submit information about their customers to a database system. Some states have sought to expand this database requirement to traditional installment lenders, which is unnecessary given the already-thorough regulatory environment in which they operate. The white paper takes a deep dive into the history of payday lending database legislation and the negative effects of expanding them to traditional installment lenders. This month’s white paper, as well as SGA’s previous white papers, is also available under the State Resources section of AFSA’s website.
This week, AFSA’s State Government Affairs Team published their white paper on state payday lending databases. Many states have passed laws requiring payday lenders to submit information about their customers to a database system.… Read the rest
AFSA Webinar Today! Repo on the Rise: 3 things for motor vehicle lenders to consider today
May 30, 2019
Join us today at 2 p.m. ET for Repo on the Rise: 3 things for motor vehicle lenders to consider today.
Every motor vehicle lender eventually hits a few bumps and potholes in the road when a debtor defaults on their car or truck loan. Not only is this… Read the rest
The Impact of Consumers in the Auto Space
May 30, 2019
Consumer preference trends are having a significant impact on the auto industry. Manufacturers are adapting to these preferences while also making vehicles that are more durable as well as preparing for environmental regulations. These… Read the rest
AFSA Discusses Call Blocking with FCC
May 28, 2019
AFSA joined with other trades in meetings at the Federal Communications Commission (FCC) over the last several days to discuss the call blocking declaratory ruling and notice of proposed rulemaking (NPRM) that will be voted on June 6.
The … Read the rest
AFSA Submits Letter to OMB on CFPB Policies
May 27, 2019
The following is an op-ed by AFSA President and CEO Bill Himpler on new proposals and discussions to cap interest rates.
In Washington it’s not uncommon to have policy proposals that lack common sense. The same can be said for well-intentioned… Read the rest
AFSA yesterday submitted a comment letter to House Financial Services Committee Chairwoman Maxine Waters (D-CA) and Ranking Member Patrick McHenry (R-NC) in advance of today's hearing entitled Oversight of Prudential Regulators:… Read the rest
When companies develop marketing strategies for brand and product awareness they will need to consider many forms of media to carry their messages.
But no matter which type of media they choose to make an impact, the right message must be served… Read the rest