This week in the Albuquerque Journal, the group Think New Mexico applauded imposition of a 36% rate cap in the state. But new data and research indicates that rather than helping New Mexico consumers, financial pain and hardship is on its way to the Land of Enchantment. A new study from J. Brandon Bolen of […]

AFSA’s Industry Expertise allows Business Partners to provide thought leadership and best practices information directly with AFSA member companies. For more information about taking part, contact Dan Bucherer. By: Suzi Straffon, Director, Finance Company Markets | Allied Solutions Rising inflation. High vehicle prices. Escalating monthly payments. These conditions are leading to financial stress for borrowers, and […]

AFSA is excited to announce that we’re releasing a new AFSA Events app – the new app will be ready and rarin’ to go for the 2023 Vehicle Finance Conference & Expo in Dallas! The AFSA Events app is sponsored by We’ve partnered with Brella.io, an app you may already have on your phone, to help us make […]

AFSA’s Industry Expertise allows Business Partners to provide thought leadership and best practices information directly with AFSA member companies. For more information about taking part, contact Dan Bucherer. By Badri Sridhar, Managing Director, FTI Consulting; David Holland, Senior Director, FTI Consulting; and  Evan Ruschell, Director, FTI Consulting The following article summarizes takeaways from a webinar […]

The CFPB is hosting a five-part series of webinars highlighting new approaches for combatting elder financial exploitation. According to the National Council on Aging, up to five million Americans are victims of elder financial exploitations each year, causing damages of at least $36.5 billion. The five sessions will be moderated by Jenefer Duane from the […]

AFSA is preparing comment letters on three crucial initiatives that will drastically affect consumer credit. The Consumer Financial Protection Bureau’s (CFPB) proposed nonbank registries on “repeat offenders”; The CFPB proposed registry on terms and conditions; and The Federal Trade Commission’s (FTC) rule prohibiting noncompete clauses. These three initiatives raise serious concerns for the consumer credit […]

Your greatest asset isn’t the loan portfolio or the brick-and-mortar stores you have. It’s your people. That’s what we’re tackling at the 2023 Vehicle Finance Conference & Expo in our Sustaining Your Greatest Asset: Human Capital Growth & Development session, sponsored by OpenLending. In a tight labor market, it’s time for employers to shift from the […]

A new study, currently posted for public comment, has found that rate caps prevent Americans from accessing high-quality credit products they need and want. The study, entitled Effects of Illinois’ 36% Interest Rate Cap on Small-Dollar Credit Availability and Financial Well-being, is authored by J. Brandon Bolen of Mississippi College, Gregory Elliehausen of the Board […]

AFSA conferences are chock full of great sessions and networking opportunities. You will not want to miss an “After Hours” concert with East/West Records America recording artist John Splithoff on Wednesday, January 25th at 9:00pm in the Stemmons Ballroom. Haven’t registered yet? Visit vehicle.afsaonline.org today!  

The AFSA Education Foundation’s MoneySKILL® was featured in the Office of the Comptroller of the Currency’s (OCC) first quarter 2023 Financial Literacy Update. The OCC’s Financial Literacy Update is a quarterly e-newsletter that reports upcoming events, new initiatives, and related resources of the OCC and other government agencies and organizations. The Financial Literacy Update provides […]