The American Financial Services Association continues to gather critical resources for members as they work to support consumers through the coronavirus crisis. The documents, available at afsaonline.org/Coronavirus, include AFSA's continually updated state tracking charts and comment letters to government entities nationwide.
AFSA is also sharing the member responses to the virus, available at afsaonline.org/responses. AFSA members are focused on ensuring consumers have the tools they need to weather the crisis by offering a variety options for servicing current or obtaining new financial products.
AFSA Resources & Member Stories
Apr 06, 2020
The American Financial Services Association continues to gather critical resources for members as they work to support consumers through the coronavirus crisis. The documents, available at afsaonline.org/Coronavirus, include AFSA's… Read the rest
Toyota Financial Services Offers Relief, Options for New & Existing Customers
Apr 03, 2020
Toyota Financial Services (TFS) has launched a number of relief programs available to new and existing customers. Current purchase customers can receive payment relief and lease customers that are near or at the end of their lease are eligable… Read the rest
Bipartisan Group of Members Calls for TALF Expansion to Include Unsecured Consumer Loans
Apr 02, 2020
The American Financial Services Association (AFSA) is pleased that a bipartisan group of Members of Congress wrote to Federal Reserve Chair Jerome Powell in favor of unsecured consumer loans inclusion in any Term Asset-Backed Securities… Read the rest
WATCH TODAY | ACI Speedpay Consumer Pulse Survey Webinar
Apr 02, 2020
Join us on April 2 at 2:00 p.m. ET for ACI Speedpay Consumer Pulse Survey – Focus On Auto Finance Billing and Payment Trends, presented by ACI Worldwide.
2019 marked the first year that Americans spent more time looking at a mobile device… Read the rest
PayNearMe Facilitating Payments During Pandemic
Apr 02, 2020
PayNearMe has published an extensive guide for new and ongoing customers on best practices for facilitating payments during the COVID-19 crisis. The guide lays out several features that can address potential payments challenges brought… Read the rest
CFPB Offers Guidance on Credit Reporting During Pandemic
Apr 01, 2020
The Consumer Financial Protection Bureau (CFPB) today released a policy statement outlining the responsibility of credit-reporting companies (CRA) and furnishers for credit reporting during the COVID-19 pandemic. Many lenders are … Read the rest
April Featured Business Partner: SourceLink
Apr 01, 2020
SourceLink is the featured Business Partner for the month of April.
SourceLink is a highly respected Direct Marketing agency that utilizes data intelligence and an omni-channel approach to maximize return on investment for clients through… Read the rest
Citi Offering Variety of Relief Options for Consumers, Businesses
Apr 01, 2020
Citi is "committed to helping provide the support and solutions you may need as developments unfold. We are here for you today and in the months ahead and will continue to do what we can to help meet your banking needs."
Citi… Read the rest
AFSA Supports Fed Steps to Keep Credit Flowing
Apr 01, 2020
The American Financial Services Association (AFSA) yesterday (March 31) sent a letter of support to the Federal Reserve Bank of New York on its Commercial Paper Funding Facility (CPFF). The CPFF will provide a liquidity backstop to U.S. issuers… Read the rest
AFSA Supports SBA PPP Program
Mar 31, 2020
The American Financial Services Association (AFSA) today (March 31) submitted a letter of support to the National Economic Council on the Small Business Administration’s (SBA) Paycheck Protection Program (PPP).
“The PPP… Read the rest