On February 5, Senator Elizabeth Warren announced she had “launched a probe” regarding “harmful anti-consumer practices as auto repossessions skyrocket to levels not seen since the 2008 financial crisis.”  In a letter received by AFSA, Senator Warren contends that there is something wrong with repossession activity, and that consumers suffer. All stakeholders agree that vehicle […]

From Risk to Vehicle Recovery: One Connected Ecosystem Thursday, March 5, 2026 at 2:00 p.m. ET Auto lenders are navigating rising delinquencies, increased charge-offs, and greater pressure to recover assets faster while maintaining compliance. Yet many recovery programs remain fragmented across data providers, recovery vendors, and skip tracing services. This webinar introduces One Connected Ecosystem, showing […]

It’s rare for AFSA and the National Consumer Law Center (NCLC) to take the same position on legislation, but Oregon’s HB 4141 has brought us together. In a joint opposition letter to the Oregon legislature, we argue that the bill would open the door to for‑profit debt settlement companies operating with too little oversight. We […]

Earlier this week, AFSA received a letter from the office  of Sen. Elizabeth Warren (D-MA) seeking information on vehicle repossession errors. We are reviewing the letter and the data request, but it’s important to note that vehicle repossessions are a process of last resort that are in the interest of neither the borrower nor the […]

Sen. Jack Reed (D-RI) reintroduced legislation to impose a national 36% “all in” rate cap on consumer loans. Small dollar loans, credit cards, and other forms of short-term credit are crucial in helping consumers from all economic backgrounds meet everyday needs, whether for planned or unexpected emergency expenses. The proposed 36% APR nationwide rate cap […]

Senate Banking Committee Sens. Ruben Gallego (D-AZ) and Bernie Moreno (R-OH) announced the bipartisan “Safeguarding Consumers from Advertising Misconduct (SCAM) Act.”  The legislation requires that online platforms take reasonable steps to avoid fraudulent and/or deceptive advertising.  The bill would strengthen the Federal Trade Commission’s (FTC) and states’ ability to enforce violations of consumer protection laws. […]

“Industry Expertise” is sponsored content produced by AFSA’s Business Partners’ to provide thought leadership and best practices for AFSA member companies. For more information about this sponsored content opportunity, contact Dan Bucherer. The Most Expensive Time to Drive a Car The cost of owning and driving a car is rapidly rising, not only widening the gap […]

“Industry Expertise” is sponsored content produced by AFSA’s Business Partners’ to provide thought leadership and best practices for AFSA member companies. For more information about this sponsored content opportunity, contact Dan Bucherer. FinnOne Neo®: Turning Data into Borrower Loyalty Through Modern Servicing, Collections, and Recovery The U.S. automotive finance market is at a turning point. Portfolio […]

Finance companies are growing increasingly optimistic about the consumer credit landscape over the next six months, with lender confidence rising for the second consecutive quarter, according to the latest Consumer Credit Conditions Index (C3) Survey. The survey’s Net Improving Index (NII) for expected business conditions climbed to +29.5 in the fourth quarter of 2025, up […]

AFSA Webinar | The Future of Auto Finance Payments: Trends, Challenges, and What Lenders Can Do to Get Ahead Thursday, February 19 at 2:00 p.m. ET Auto finance is changing fast—driven by shifting borrower expectations, economic pressure and increased scrutiny from regulators. Delinquencies are climbing, margins are tightening and servicing models are struggling to keep […]