AFSA’s State Government Affairs team submitted a comment letter opposing IL SB 2255, which seeks to regulate the use of “surveillance pricing.” This is broadly defined to include the use of consumer data in setting prices, but the bill’s sweeping and ambiguous language could unintentionally capture common and pro-consumer practices used throughout the financial services industry. AFSA raised […]

Auto loan delinquency rates are elevated, that is not in dispute. According to the New York Fed, roughly 5.2% of auto loan balances were 90+ days delinquent as of late 2025, above the long-run average and at levels not seen since the aftermath of the 2008 financial crisis. Policymakers, press, and consumer advocates have attempted to raise […]

AFSA President and CEO Celia Winslow is pleased to testify tomorrow before the House Financial Services Committee’s Subcommittee on Financial Institutions on promoting access to credit for American consumers.  You can read her full testimony here. The credit-reporting system is the infrastructure that allows consumers to buy cars, finance homes, and manage the financial setbacks life […]