AFSA’s State Government Affairs team submitted a comment letter to the New York Department of Consumer and Worker Protection. The department is attempting to promote fair debt collection practices and AFSA is seeking clarification of… Read the rest

Yesterday, Rohit Chopra, director of the Consumer Financial Protection Bureau (CFPB), testified before the Senate Committee on Banking, Housing, and Urban Affairs. AFSA attended the hearing, entitled “Consumer Protection: Protecting… Read the rest

Amid lingering questions about consumer confidence, sustainable economic growth, deficit spending, trade issues, and the political and regulatory agendas that inform them, state and federal policymakers – elected officials, regulators,… Read the rest

AI Behind the Wheel: How It’s Steering Strategies for Auto Finance

While the financial services industry has long utilized AI and machine learning, auto financiers continue to innovate and harness advanced AI capabilities to enhance … Read the rest

AFSA’s State Government Affairs team submitted a comment letter to the New Jersey Senate requesting amendments to S 1397. As currently written, S 1397 requires a new set of disclosures to borrowers at the time credit is initially offered.… Read the rest

The House GOP’s Steering Committee is meeting next week to determine committee chairs for the 119th Congress. Four House Financial Services Committee members are in the running for the gavel following current Chairman Patrick McHenry’s… Read the rest

Yesterday, AFSA sent a letter to President-elect Trump to re-familiarize him with the mission of AFSA and its members. Recent overreach by such regulators as the Consumer Financial Protection Bureau (CFPB) have hurt businesses trying to… Read the rest

Join Lightico and GM Financial on December 5^th at 2:oo p.m. EST to discover how digitization is reshaping auto finance. Learn how GM Financial streamlined customer processes, improved efficiency and ensured compliance while delivering… Read the rest

AFSA’s State Government Affairs team released their state trifecta and majority overview.

Michigan and Minnesota lost their Democrat trifectas by losing control of their respective state houses, while New Hampshire Republicans held… Read the rest

A lame-duck session of Congress occurs whenever one Congress meets after its successor is elected, but before the successor’s term begins. In current practice this means any meeting of Congress after Election Day, but before… Read the rest