The next two episodes of the AFSA Extra Credit Podcast are a bit different. We’ll be talking with attorneys from Troutman Sanders about the impact the coronavirus is having on the consumer credit industry. Throughout the conversation, our guests highlight some key aspects to think about. The first part features Jeremy Tomes and Emily Schifter. We talk about the Small Business Administration Paycheck Protection Program as well as some important employee logistics issues. Our second conversation, which we will post early next week, is with David Anthony and Sadia Mirza on the overall impact of the virus and some cybersecurity aspects to consider. Because of the complex nature of these topics, you’ll notice the conversations are a bit longer as well.
Our Guests This Week:
Emily Schifter
Jeremy Tomes
Troutman Sanders COVID-19 Page
LISTEN | Paycheck Protection Program & Employee Considerations on the AFSA Extra Credit Podcast
Apr 13, 2020
The next two episodes of the AFSA Extra Credit Podcast are a bit different. We’ll be talking with attorneys from Troutman Sanders about the impact the coronavirus is having on the consumer credit industry. Throughout the conversation,… Read the rest
WEBINAR | Reporting Automotive Loan Payments During COVID-19 Pandemic
Apr 13, 2020
Join us on April 30 at 2:00 p.m. ET for Reporting Automotive Loan Payments During the COVID-19 Pandemic, presented by Equifax.
Drew Rosedale, Data Contributor Services Leader, Equifax and Jenn Reid, VP Strategy & Marketing, Equifax… Read the rest
Bursting the “Bubble” Myth
Apr 10, 2020
In times of economic uncertainty it is not a surprise that any number of economic prognosticators are out there opining and crystal-ball gazing, whether those views are based on facts or not.
One example of this is the myth of a “bubble”… Read the rest
ACI Reviews COVID-19 Impact on AFSA Webinar
Apr 10, 2020
On April 2, ACI/SpeedPay presented a program entitled Consumer Pulse Survey – Focus on Auto Finance Billing and Payment as part of the AFSA Business Partner Webinar Series.
Darcy Locke, Principal New Business Developer, ACI Worldwide… Read the rest
Letter asks SBA to Expand, Clarify PPP
Apr 09, 2020
The American Financial Services Association (AFSA) yesterday, April 8, submitted a comment letter to Small Business Administration (SBA) Administrator Jovita Carranza asking that the Paycheck Protection Program (PPP) rules be amended… Read the rest
GM Financial Offers Resources to Help Consumers, Communities
Apr 09, 2020
GM Financial has launched a variety of asisstance options for its auto finance consumers. The company is waiving all late fees from March 1 through April 30 and is offering lease end assistance. Learn more at GM's coronavirus page… Read the rest
MoneySKILL Financial Education: Resources Parents & Kids Can Bank On
Apr 08, 2020
During this time of uncertainty, the American Financial Services Association and its member companies are doing their best to help consumers maintain their financial security and flexibility, while also continuing to support the communities… Read the rest
SheppardMullin Offers COVID-19 Insights for Consumer Finance Community
Apr 07, 2020
SheppardMullin has established a comprehensive collection of resources for the consumer finance industry and other interested parties. The page contains a multitude of documents, updates and guidance at the national, state and local … Read the rest
Virtual Auto Retailing in Today’s Marketplace: Economic Outlook & Digital Strategies for Lenders
Apr 07, 2020
Join us on May 13 at 2:00 p.m. ET for the Virtual Auto Retailing in Today’s Marketplace: Economic Outlook & Digital Strategies for Lenders webinar, presented by Dealertrack.
Cox Automotive Chief Economist Jonathan Smoke … Read the rest
TD Offering Programs to Help Consumers & Businesses
Apr 06, 2020
TD Bank and TD Auto Finance are offering assistance to consumers affected by Coronavirus, including deferred payments, waived late fees and refunds on transaction fees. TD is also offering assistance with SBA and CARES loans to business … Read the rest