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American Financial Services Association

Welcome New & Returning Members

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AFSA would like to welcome the following new members to the association:

Davis Wright Tremaine is a law firm of approximately 550 lawyers in eight offices across the United States. The Consumer Financial Services team advises market-leading financial institutions, FinTechs, technology companies, payments processors, and other industry participants on transactions, consumer regulatory matters, and litigation, supervision, and enforcement. www.dwt.com

Inovatec Systems provides innovative software solutions helping businesses establish a scalable, data-driven business model.

www.inovatec.com

Rainbow Finance is a Florida Limited Liability Corporation providing financing exclusively for dealers and distributors. This family-owned and operated business has more than 30 years of experience in selling and financing Rainbow Vacuums. The company provides specialized, one-on-one support for sales teams, helping them navigate the complex world of customer financing. www.rainbowfinancellc.com

Squire Patton Boggs is a law firm of more than 1,500 lawyers in 47 offices across 20 countries on five continents. www.squirepattonboggs.com

Texas Consumer Credit Coalition, formally organized in the Fall of 2017, is a member-driven organization of national installment lenders that are licensed by the Texas Office of Consumer Credit Commissioner and regulated in accordance with Chapter 342E of the Texas Finance Code. The TCCC is dedicated to promoting the increased availability of quality consumer credit to Texas consumers at fair and reasonable rates.

www.texasconsumercreditcoalition.com

TrueAccord is a collections agency with a Patent Pending collections platform powered by machine learning creates personalized, digital first, consumer experiences that are uniquely tailored for each consumer. https://www.trueaccord.com/

Wallace Management Co., is a management company formed in 1980 that manages five consumer finance companies with a total of 141 branches and 425 employees that make small traditional installment loans as licensed in the seven states. www.wallacemgt.com

AFSA is also pleased to welcome FinancePoint back to membership:

FinancePoint is an independent finance company specializing in indirect auto finance and direct consumer finance. Their customer base consists of consumers of the subprime community. https://financepointloans.com/

Welcome New & Returning Members
Dec 19, 2018

AFSA would like to welcome the following new members to the association:

Davis Wright Tremaine is a law firm of approximately 550 lawyers in eight offices across the United States. The Consumer Financial Services team advises market-leading… Read the rest

AFSA Welcomes BCFP’s Kraninger
Dec 17, 2018

AFSA this week submitted a letter of welcome to incoming Bureau of Consumer Financial Protection (BCFP) Director Kathy Kraninger. The letter shared the history of AFSA and the important role that its members play in the lives of ordinary Americans.… Read the rest

FCC Adopts Two Key Rules
Dec 14, 2018

FCC Adopts Two Key Rules

The Federal Communications Commission (FCC) on Wednesday adopted two items regarding robocalls and spam texts.

First, the FCC adopted a Second Report and Order to establish a single, comprehensive database that

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AFSA Today Podcast, Episode 5
Dec 13, 2018

The latest podcast from AFSA Today analyzes the role of compliance in the consumer credit industry and how it impacts AFSA members. AFSA’s Philip Bohi, Vice President of Compliance Education, examines key focus areas of AFSA membersRead the rest

Welcome New Members
Dec 11, 2018

AFSA would like to welcome the following new members to the association:

Davis Wright Tremaine is a law firm of approximately 550 lawyers in eight offices across the United States. The Consumer Financial Services team advises market-leading… Read the rest

Senate Confirms Kraninger as BCFP Director
Dec 06, 2018

The U.S. Senate today confirmed Kathy Kraninger as the Director of the Bureau of Consumer Financial Protection (BCFP) by a 50-49 party-line vote.

Kraninger was serving as an associate director in the Office of Management and Budget. Under
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Final Webinar of the Year to Cover Top Ten Debt Collection Lessons from 2018
Nov 29, 2018

We’ve seen a number of developments in debt collection this year. Technology is changing the way debt is collected. The Bureau of Consumer Financial Protection has made progress in its debt collection rulemaking. The courts have weighed… Read the rest

The need for innovation spreads from state to federal regulators
Nov 28, 2018

AFSA this year has provided its members the opportunity to learn about the concept of a FinTech sandbox from speakers at both the state and federal levels.

The first state to create a FinTech sandbox was Arizona. The sandbox concept in Arizona,… Read the rest

Analyzing the Midterm Election Results
Nov 27, 2018

The latest edition of the AFSA Today podcast features Ann Carmichael, Vice President of Congressional Affairs at AFSA. Ann analyzes, among other topics, changes in leadership at the important House Financial Services Committee on both Read the rest

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