This week, AFSA sent comments regarding the Community Development Financial Institutions (CDFI) Fund. The CDFI provides funding to certain eligible financial institutions. The funding process requires funding recipients to report “material events,” including events that cause the recipient to lose funding eligibility.
For our comment letter, we noted that the CDFI has included in its eligibility criteria a 36% Military APR cap on loans along with a list of loan characteristics. Our letter urges CDFI to stop imposing these limits, as these limits are improper for a federal agency to impose and limit the availability of credit in places where state laws allow such loans to exist.
AFSA Comments on CDFI Rules Unfairly Targeting Lenders
Aug 28, 2025
This week, AFSA sent comments regarding the Community Development Financial Institutions (CDFI) Fund. The CDFI provides funding to certain eligible financial institutions. The funding process requires funding recipients to report… Read the rest
Industry Expertise | NETSOL Welcomes Two Automotive Finance Powerhouses
Aug 26, 2025
“Industry Expertise” is sponsored content produced by AFSA’s Business Partners’ to provide thought leadership and best practices for AFSA member companies. For more information about this sponsored content opportunity, contact Dan … Read the rest
AFSA Opposes Interchange Bill
Aug 21, 2025
Today, AFSA’s State Government Affairs team submitted a comment letter to the Puerto Rico Senate urging opposition to the interchange bill, SB 675. The bill aims to artificially limit interchange fees by excluding gratuities and sales… Read the rest
LISTEN | Action-ready Intelligence
Aug 15, 2025
In this episode of the AFSA Extra Credit Podcast, host Dan Bucherer chats with Joe Farley, Chief of Sales with DRN MVTRAC SCM & Damion English, Former Member of the Consumer Financial Protection Bureau.
Damion and Joe share their expertise… Read the rest
AFSA in U.S. News
Aug 15, 2025
The American Financial Services Association’s chief economist, Tim Gill, was pleased to sit down with U.S. News and World Report’s Tim Smart to discuss the latest news on the American economy and AFSA Member Companies’ economic outlook, … Read the rest
Trump EO on Debanking
Aug 14, 2025
President Trump issued an Executive Order (EO) last week directing federal regulators to take actions to combat “politicized or unlawful debanking.” The EO, “Guaranteeing Fair Banking for All Americans,” states that financial institutions… Read the rest
August White Paper: Trigger Lead Legislation
Aug 12, 2025
Last week, AFSA’s State Government Affairs team published its latest white paper, highlighting increasing attention on trigger lead legislation. The rise in these bills comes in response to growing concerns over third-party lenders … Read the rest
AFSA Webinar | Captive of the Future: How Technology is Reshaping Captive Finance Operations
Aug 12, 2025
Join us on September 4, 2025 at 2:00 p.m. EST for an exclusive webinar exploring the forces redefining the captive finance industry. With growing pressure from digital-first disruptors, changing customer behaviors, and the shift to EVs
Industry Expertise | Why Risk Management Needs Continuous Monitoring to Be Effective
Aug 06, 2025
“Industry Expertise” is sponsored content produced by AFSA’s Business Partners’ to provide thought leadership and best practices for AFSA member companies. For more information about this sponsored content opportunity, contact Dan … Read the rest
THIS THURSDAY | AFSA Webinar | How LPR Data Analytics and Skip Tracing Intelligence Power SCM’s Recovery Strategy
Aug 05, 2025
BUSINESS PARTNER WEBINAR | How LPR Data Analytics and Skip Tracing Intelligence Power SCM’s Recovery Strategy
August 7, 2025 at 2:00 p.m. EST
Join us to explore how Secure Collateral Management (SCM) combines advanced license plate recognition