On April 6, AFSA and the AFSA Education Foundation provided comment on the Treasury’s updated National Strategy for Financial Literacy. This strategy initiative is led by the interagency Financial Literacy and Education Commission (FLEC). FLEC is composed of the heads of the following 24 agencies:
- Department of the Treasury (Chair)
- Consumer Financial Protection Bureau (Vice-Chair)
- Commodity Futures Trading Commission
- Department of Agriculture
- Department of Defense
- Department of Education
- Department of Health and Human Services
- Department of Housing and Urban Development
- Department of Interior
- Department of Labor
- Department of Veterans Affairs
- Federal Deposit Insurance Corporation
- Federal Emergency Management Agency
- Federal Housing Finance Agency
- Federal Reserve Board
- Federal Trade Commission
- General Services Administration
- National Credit Union Administration
- Office of the Comptroller of the Currency
- Office of Personnel Management
- Small Business Administration
- Securities and Exchange Commission
- Social Security Administration
- White House Domestic Policy Council
In our comment, we highlighted the success of MoneySKILL, the AFSA Education Foundation’s pioneering personal finance curriculum, which delivers high-quality, no-cost personal finance education to students online. We also touched on the challenges for industry relating to credit washing, debt settlement, and other tactics that harm consumers and lenders alike. In order to reduce these harms, we urged FLEC to focus on education that prepares consumers to use credit sustainably and detect and avoid schemes that promise harmful short-cuts to establishing and maintaining positive credit records.
AFSA and AFSAEF Comment on Treasury’s National Strategy for Financial Literacy
Apr 09, 2026
On April 6, AFSA and the AFSA Education Foundation provided comment on the Treasury’s updated National Strategy for Financial Literacy. This strategy initiative is led by the interagency Financial Literacy and Education Commission (FLEC).… Read the rest
AFSA Webinar | Lowering the Personal and Professional Risks of Online Data Exposure
Apr 09, 2026
BUSINESS PARTNER WEBINAR
Lowering the Personal and Professional Risks of Online Data Exposure
April 16, 2026 at 2:00 p.m. ET
Eighty-four percent of bank directors, CEOs and senior executives responding to Bank Director’s 2025 Risk Survey… Read the rest
THIS THURSDAY | AFSA Webinar | Trust, but Verify: Why Title & Lien Validation is the Missing Link in Lender Fraud Prevention
Apr 07, 2026
BUSINESS PARTNER WEBINAR
TRUST, BUT VERIFY: WHY TITLE & LIEN VALIDATION IS THE MISSING LINK IN LENDER FRAUD PREVENTION
APRIL 9, 2026 AT 2:00 P.M. ET
Lenders today verify income, identity, employment, and even driver’s licenses — yet the… Read the rest
Back to Court
Apr 02, 2026
The United States Court of Appeals for the 10th Circuit has granted an en banc hearing in AFSA’s Colorado DIDMCA case. The case relates to a 1980 federal law intended to give state-chartered banks the same ability to export rates, etc.,… Read the rest
Don’t Let Debt Relief Compound a Problem
Mar 26, 2026
Consumers struggling with debt are not alone … and not without options. But the Federal Trade Commission is warning consumers this week that the search for help can itself become a trap.
In a new consumer alert the FTC lays out clear red flags … Read the rest
Maryland Coerced Debt Bill
Mar 26, 2026
AFSA’s State Government Affairs team recently submitted comments expressing serious concerns with Maryland’s HB 1198, a well‑intentioned bill aimed at addressing economic abuse but written so broadly that it may unintentionally enable… Read the rest
Oregon DIDMCA Opt-Out Veto Letter
Mar 26, 2026
AFSA’s State Government Affairs team has sent a letter urging Oregon’s governor to veto HB 4116, warning that the bill would strip state‑chartered banks of essential DIDMCA protections while leaving national banks untouched.
The… Read the rest
AFSA Supports Eliminating Fraud in CFPB’s Complaint Database
Mar 26, 2026
AFSA supports Financial Institutions Subcommittee Chair Andy Barr’s (R-KY) legislation, “Eliminating Fraud in the CFPB’s Complaint Database Act” (HR 7588). The bill mandates that complaints submitted to the CFPB database must be true… Read the rest
FICO Data: A Tale of Two Borrowers
Mar 26, 2026
The Spring 2026 FICO Score Credit Insights report highlights a U.S. credit landscape marked by both relative stabilization and growing segmentation.
The average national FICO score slipped to 714 in October 2025, down from 715 in April 2025… Read the rest
THIS THURSDAY | AFSA Webinar | Rethinking Auto Recoveries: The Role of Secured Debt Sales in Today’s Market
Mar 23, 2026
BUSINESS PARTNER WEBINAR
Rethinking Auto Recoveries: The Role of Secured Debt Sales in Today’s Market
March 26, 2026 at 2:00 p.m. ET
As auto lenders navigate rising delinquencies, evolving consumer expectations, and increased regulatory… Read the rest