AFSA's State Government Affairs team published its monthly white paper today, covering the California Consumer Privacy Act (CCPA), which becomes effective January 1, 2020. The white paper describes the current provisions of the CCPA and takes an in-depth look into the changes made to the law over the 2019 legislative session. It also details the actions the state attorney general has taken thus far in the rulemaking process. In addition, the paper provides an overview of data privacy laws introduced in other states this legislative session.
AFSA SGA Publishes CCPA Whitepaper
Oct 01, 2019
AFSA's State Government Affairs team published its monthly white paper today, covering the California Consumer Privacy Act (CCPA), which becomes effective January 1, 2020. The white paper describes the current provisions of the CCPA… Read the rest
AFSA Gets Into the Weeds on NDAA, Blunt Talk on FDCPA
Sep 27, 2019
The American Financial Services Association remained heavily engaged in key issues this week, submitting a comment letter on the National Defense Authorization Act (NDAA) and attending a House Financial Services Committee (HFSC) meeting… Read the rest
AFSA Welcomes Nine New Members
Sep 26, 2019
AFSA is pleased to welcome nine new member companies to the association.
Commercial Membership
Floorplan Xpress LLC – Floorplan Xpress LLC provides inventory financing for independent automobile dealerships in 30 states.
Active… Read the rest
AFSA Supports SAFE Banking Act
Sep 26, 2019
The American Financial Services Association on September 25th submitted a letter to House Speaker Nancy Pelosi (D-CA) and Minority Leader Kevin McCarthy (R-CA) expressing its strong support for HR 1595, the bipartisan-backed Secure and… Read the rest
Fed Study Estimates 60M Can’t Get Credit
Sep 25, 2019
The New York Federal Reserve reported yesterday that as many as 60 million Americans – possibly twice the number previously estimated – struggle to qualify for credit. Unlike the “credit invisible” population… Read the rest
Minding the GAP
Sep 25, 2019
At least one of the examinations the Consumer Financial Protection Bureau (CFPB) completed in 2018 included instances in which auto lenders sold a GAP product to consumers under circumstances which the CFPB found led to an abusive practice.… Read the rest
Cut through the manual process knot
Sep 24, 2019
Join us on October 1 at 2:00 p.m. ET for Get untangled from manual loan origination processes¸ presented by White Clarke Group.
Are your manual processes tying you up in a knot? Loan origination procedures can be complex and time … Read the rest
AFSA Opposes Un-FAIR Advantage for Plaintiffs’ Lawyers
Sep 20, 2019
The American Financial Services Association reiterated its opposition to Congressional efforts to limit the use of arbitration in contracts. AFSA strongly opposes HR 1423, the “Forced Arbitration Injustice Repeal Act” … Read the rest
AFSA Board of Directors Announcement
Sep 19, 2019
The AFSA Nominating Committee has approved two new members of the AFSA Board of Directors.
Ofer Alon is the Chief Executive Officer for Quality Acceptance. He currently serves on the AFSA Vehicle Finance Board and the AFSA Independents Auto… Read the rest
Customer-Creditor Relationship in Debt Collection Must be Maintained
Sep 18, 2019
The comment period for the first-ever regulations of the Fair Debt Collection Practices Act (FDCPA) closed today. In its letter to the Consumer Financial Protection Bureau (CFPB), the American Financial Services Association (AFSA) commended… Read the rest