Registration deadlines for both THE EDGE and the Leadership Development Program at UNC are approaching!

On April 2, AFSA’s State Government Affairs department published its recent rate cap legislation white paper. AFSA’s white paper examines recent measures proposed by states to impose rate caps, including those that use an APR calculation consistent with the Truth in Lending Act (TILA), and rate caps with APR variants more broad than TILA. The white paper also provides an overview of recent state legislation to update existing interest rate bands and fee structures. Importantly, the paper notes that these rate caps often tend to harm the very people the proponents of the rate caps seek to protect, as low APR caps for small loans tend to create zones where legal, affordable small dollar loans are unobtainable.

CEOs of leading vehicle finance companies representing captives, banks and independent subprime lenders engaged in a lively roundtable discussion on topics ranging from the impact of technology to taking care of a new wave of maturing Millennial customers at last week’s annual Vehicle Finance Conference & Exposition hosted by the American Financial Services Association (AFSA).

Larry Hund, President and Chief Operating Officer, Harley-Davidson Financial, was installed as the new chair of the American Financial Services Association (AFSA) Vehicle Finance Division Board at the conclusion of the division’s 2018 Vehicle Finance Conference & Expo in Las Vegas. This position is a one-year term.

Dan Ammann, President of General Motors, outlined GM’s bold vision for the future in the Keynote Speech Wednesday at the annual American Financial Services Association’s Vehicle Finance Conference & Expo.

On March 16, 2018, the D.C. Circuit issued its long-anticipated ruling in ACA International, et al. v. FCC. The decision resolved a series of challenges to the July 10 2015 Declaratory Ruling & Order of the Federal Communications Commission (FCC) implementing the Telephone Consumer Protection Act (TCPA). The Order expanded the scope of the TCPA in several important and concerning ways. Several organizations, including AFSA, were among the petitioners.

The American Financial Services Association (AFSA) will hold its annual Vehicle Finance Conference & Expo next week, March 20-22, at the Bellagio in Las Vegas, highlighting the creative and disruptive influence of innovation on the industry.

Digital technology and fintech innovation in the auto lending space are enabling direct lending to become more popular among car buyers, said, representatives of direct lending companies at the Auto Finance Innovation conference, this week.

Auto Finance professionals from the United States, Canada and Australia are attending the third annual Auto Finance Innovation Conference this week featuring presentations and panel discussions focusing on the disruptive, but necessary, influence technology is having on the industry.

Yu-Kai Chou sees the world very differently from the rest of us. But similar to all of us, he thought about what his typical day was like and realized it was divided into two parts: what he had to do (work) and what he wanted to do (play).