AFSA’s federal government affairs team continued to be highly effective in advocating for the protection of consumer credit and choice in 2019. Below are just a few of the 2019 federal successes.

In this episode of the AFSA Extra Credit Podcast, we’re speaking with Frank Salinger, a longtime consultant for and former staff member of AFSA. Frank really needs no introduction – he’s been an integral part of protecting access to consumer credit since he joined the industry in the late 1970’s. We talk about what he’s working on with AFSA now and he gives his opinion on what AFSA members need to be focusing on right now.

TRH Duke & Duchess of Sussex:

Recently, the Department of Defense (DoD) sent a response to 23 Members of Congress who sent a bipartisan letter urging the repeal of Question and Answer #2 of the December 2017 Military Lending Act (MLA) interpretive guidance. In its letter, the DoD writes that Q&A #2 “does not provide an unlimited exception for financing additional credit for purposes not expressly related to the item being purchased.”

AFSA Business Partners are ready and excited to meet you in the Expo, the main hub of the conference. Exchange best practices, access new technologies and meet friends in one of the country’s finest resorts at La Quinta. I’m honored to serve as the 2020 Independents Section Chairman and I hope to see you in a few short months.

How are the changing automotive and financial ecosystems transforming auto finance today and in the future?

The National Black Caucus of State Legislators (NBCSL) recently ratified a resolution calling on state policymakers to put in place and enforce fundamental consumer protection rules on “debt settlement companies.” You can review the resolution here.

The American Financial Services Association today announced three new members to serve on its Board of Directors:

AFSA President & CEO Bill Himpler appeared on Nexstar Television Stations during the holidays in an interview with reporter Kellie Meyer. Their conversation was part of a story on the woefully inaccurately titled “Veterans and Consumers Fair Credit Act,” introduced by Senator Jeff Merkley (D-OR) and others, which would impose a 36% national rate cap (a companion bill is being considered in the House of Representatives).

Join us on January 22, 2020 for Top Debt Collection Issues in 2020, presented by AFSA.