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AFSA Touts Consumer Privacy Rights

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Last week, AFSA’s State Government Affairs team sent a joint comment letter to the California Senate Judiciary Committee regarding Senate Bill 1076 and consumer privacy rights in the state.

In the letter, AFSA expresses support for SB 1076 to broaden the scope of information provided by registered data brokers and mandate the Consumer Privacy Protection Agency, to create a system allowing consumers or their designated representatives to submit a single request for deletion to all registered data brokers. Existing legislation lacks sufficient safeguards to shield consumers from potential abuse of the deletion process, undue fees, or charges, and fails to offer a method for consumers to opt back into particular services.

AFSA also explains that if SB 1076 is enacted, it will safeguard Californians without restricting their rights to privacy as consumers. In the absence of adequate consumer safeguards, an individual acting maliciously as an “authorized agent” could deceitfully submit a deletion request on behalf of a consumer. SB 1076 will additionally prevent situations where consumers are unintentionally opted out without having initiated a deletion request.

Moreover, SB 1076 will protect Californians against fraudulent individuals and scammers who might attempt to levy charges for a government service that should be free. While the deletion process itself does not entail charges for consumers, there are no restrictions on third-party services or authorized agents to impose fees on consumers for facilitating deletions through the process.

This letter, along with SGA’s other recent letters, can be found on the direct advocacy section of AFSA’s website.

AFSA Touts Consumer Privacy Rights
Apr 25, 2024

Last week, AFSA’s State Government Affairs team sent a joint comment letter to the California Senate Judiciary Committee regarding Senate Bill 1076 and consumer privacy rights in the state.

In the letter, AFSA expresses support for SB 1076… Read the rest

High Court Happenings
Apr 25, 2024

The Supreme Court is expected to rule in the next month or two on CFPB v. CFSA, the case challenging the CFPB’s independent funding mechanism through the Federal Reserve. AFSA submitted an amicus brief in support of CFSA. As we wait for the ruling,… Read the rest

“THERE’S NO WAY WE’RE GETTING OUT OF HERE ALIVE.”
Apr 24, 2024

As a US Army Green Beret, I’ve said those words more times than I care to remember. That’s because we tend to have a bad habit of getting surrounded by the enemy on purpose. You see, Green Berets parachute in below the noise and then we offset away… Read the rest

Business Partner Webinar | Enhancing the Borrower Experience: The Demand for Easy Bill Payment Method
Apr 23, 2024

Borrower engagement is crucial for maintaining healthy financial relationships and ensuring timely bill payments. But what exactly is borrower engagement? It’s the level of involvement and interaction between borrowers and lenders… Read the rest

AFSA’s Letter to CA on Vehicle Repossessions
Apr 18, 2024

AFSA’s State Government Affairs team released a joint comment letter earlier this week to California’s Assembly Judiciary Committee in regards to Assembly Bill 2228 and vehicle repossessions. The letter emphasizes that the bill’s proposed… Read the rest

Letter on CA Small Business Debt Collection
Apr 18, 2024

AFSA’s State Government Affairs team recently sent a joint comment letter to the California State Senate regarding Senate Bill 1286 and small business debt collection in the state.

In the letter AFSA expresses concern with SB 1286’s inclusion… Read the rest

Overview: AFSA’s C3 Index
Apr 18, 2024

This report presents the results of a first-of-its kind survey of leading providers of mortgages, vehicle financing, personal installment loans, credit cards, and other consumer products. Participants provide their views on several … Read the rest

New AFSA Survey: Lenders Saw Weak Q1 2024, But Improvement Expected
Apr 18, 2024

Results from AFSA’s new Consumer Credit Conditions Index (C3) reflect the challenges faced by lenders and borrowers in today’s volatile economic and regulatory climate.

This view from lenders is the result of a first-of-its kind survey … Read the rest

AFSA Launches Industry Survey
Apr 18, 2024

AFSA is excited to launch the Consumer Credit Conditions Index (C3 Index). This initiative fills a need among lenders, policymakers, consumer-facing businesses, the financial media, and the public for a set of focused indicators that track… Read the rest

AFSA Expresses Concerns with APRA
Apr 17, 2024

Today, the House Energy and Commerce Subcommittee held a hearing titled “Legislative Solutions to Protect Kids Online and Ensure Americans’ Data Privacy Rights.” During this hearing, the subcommittee considered the discussion… Read the rest

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