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Remembering Randy Lively

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We were saddened to recently learn of the passing of Randy Lively, and as 2019 closes we take a moment to recognize his life and salute his service to our industry.

Born Howard Randolph Lively on November 24, 1934, Randy served as a leader in the consumer-credit industry for almost half a century, including more than a decade as the American Financial Services Association’s President and Chief Executive Officer.

Randy was born in Atlanta, Georgia, grew up in Slidell, Louisiana, and attended Louisiana State University before enlisting in the U.S. Army and serving overseas.

In 1960 Randy launched his career in the financial-services industry with what would be a more than 20-year tenure with Sears, Roebuck & Co.’s Credit Operations. He oversaw operations in two of Sears’ regions and served as the company’s head of public affairs, representing Sears in Congress on all issues pertaining to credit.

In 1981 Randy joined Zale Corp., the national retail jeweler based in Irving, TX., as President of Jewelers Financial Services, Inc., the firm’s captive finance company.

Randy joined AFSA as President and CEO on October 1, 1994. Under Randy’s leadership, AFSA expanded outreach and elevated its profile. He cultivated partnerships with key government agencies, helped create voluntary industry standards on consumer credit issues, and served in leadership roles for nationally recognized coalitions.

Among Randy’s successes with AFSA were his revitalization and expansion of the AFSA Education Foundation, joining forces with former Ford Credit chairman Bill Odom to create the Jump$tart Coalition for Personal Financial Literacy, and establishing the association’s state government relations department.

These efforts helped build the inroads AFSA has made both with state public policy officials, but also our ability to connect with policymakers and third-party stakeholders via our commitment to financial education and literacy. For these successes and for his leadership of AFSA, he was awarded AFSA’s Distinguished Service Award in 2003.

Randy retired to North Carolina where he enjoyed time on his boat, the “Step Lively,” and spending time with his children and grandchildren.

Randy understood that public affairs and public policy must extend beyond Washington, that consumer credit issues needed to engage consumers. The successes of the state organization and the growth of the AFSA Education Foundation confirm Randy’s vision and serve as a testament to his leadership and vision for our organization.

Remembering Randy Lively
Dec 19, 2019

We were saddened to recently learn of the passing of Randy Lively, and as 2019 closes we take a moment to recognize his life and salute his service to our industry.

Born Howard Randolph Lively on November 24, 1934, Randy served as a leader in theRead the rest

PRESS RELEASE | AFSA Promotes Key Association Voice
Dec 18, 2019

AFSA Promotes Key Association Voice

Celia Winslow to serve as Senior Vice President

WASHINGTON, DC (December 18, 2019) – The American Financial Services Association (AFSA) announced the promotion of Celia Winslow to Senior Vice … Read the rest

Legislation Would Deprive Consumers of Necessary Credit Options
Dec 17, 2019

Let’s call it the “Recurring Nightmare Before Christmas,” as Senators Jeff Merkley (D-OR), Doug Jones (D-AL), and Tom Cotton (R-AR) reintroduce the Unsolicited Loan Act, a bill that would ban “live” checks.Read the rest

LISTEN | Rohit Dewan on the AFSA Extra Credit Podcast
Dec 16, 2019



In this episode of the AFSA Extra Credit Podcast, we speak with Rohit Dewan, Head of Public Policy with OneMain Financial. OneMain offers personal and auto loans in 44 states. We talk about some of the issues Rohit and OneMain see in the consumer
Read the rest

Get 2020 Started Right with AFSA Webinars
Dec 15, 2019

Join us on January 22, 2020 for Top Debt Collection Issues in 2020, presented by AFSA.

2020 is shaping up to be a very interesting year in the credit and collection space. The Consumer Financial Protection Bureau hopes to have a final debt collection… Read the rest

Military Personnel are Losing Financial Services Options
Dec 13, 2019

The Credit Union Journal published a story (subscription required) regarding a provision excluded from the final version of the House-approved National Defense Authorization Act (NDAA). The language would have granted banks the same Read the rest

AFSA Opposes Bill to Eliminate Key Part of Financial System
Dec 12, 2019

AFSA yesterday submitted a comment letter to Senate Committee on Banking Housing & Urban Affairs Chair Mike Crapo (R-ID) and Ranking Member Sherrod Brown (D-OH) opposing S. 2839, the Eliminating Corporate Shadow Banking Act of Read the rest

FTC/CFPB Workshop on Accuracy in Consumer Reporting
Dec 11, 2019

AFSA staff attended the Federal Trade Commission (FTC)/Consumer Financial Protection Bureau (CFPB) Workshop on Accuracy in Consumer Reporting on December 10, 2019. The Workshop assembled panels to discuss various aspects of the credit… Read the rest

AFSA: Congress Should Address Causes, Not Symptoms in Credit Reporting Issues
Dec 10, 2019

The American Financial Services Association today submitted a comment letter to the House Financial Services Committee regarding to H.R. 5332, the “Protecting Your Credit Score Act of 2019.” The letter expresses concerns… Read the rest

AFSA Attends Critical CCPA Meetings & Hearings
Dec 09, 2019

In the first week of December, AFSA’s State Government Affairs team attended the three hearings held by the California Attorney General’s Office on the California Consumer Privacy Act (CCPA) in Los Angeles, Fresno and San Francisco.Read the rest

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