The American Financial Services Association (AFSA) yesterday sent a comment letter to Secretary of the Treasury Janet Yellen highlighting new research on the significant drop of credit availability in areas where rate caps are present. The letter is in response to President Biden’s executive order promoting competition and how new preliminary research conducted by academics […]

AFSA is proud to celebrate the crucial role female executives play throughout the financial services industry. From small companies to large, installment loans to vehicle finance products, female leaders are building the future of our industry. During Women’s History Month, AFSA will be featuring just a small selection of some of the outstanding female leaders […]

AFSA is pleased to welcome Perc Pineda, PhD as Chief Economist and Vice President of Research, serving as the primary expert on economics, statistics, and industry research supporting the organization’s advocacy efforts. “For more than a century, AFSA and its members have protected access to consumer credit and choice,” said Bill Himpler, AFSA President & […]

AFSA is proud to celebrate the crucial role female executives play throughout the financial services industry. From small companies to large, installment loans to vehicle finance products, female leaders are building the future of our industry. During Women’s History Month, AFSA will be featuring just a small selection of some of the outstanding female leaders […]

AFSA is proud to celebrate the crucial role female executives play throughout the financial services industry. From small companies to large, installment loans to vehicle finance products, female leaders are building the future of our industry. During Women’s History Month, AFSA will be featuring just a small selection of some of the outstanding female leaders […]

AFSA joined with other trades in an amicus brief in a Ninth Circuit Court of Appeals decision. The case, Thomas-Lawson v. Carrington Mortgage Services, LLC involves convenience fees. The trades’ brief counters some of the issues raised by the CFPB in its brief. The CFPB filed a brief in October 2021 claiming the Fair Debt […]

The featured Business Partner for the month of March is Sopra Banking Software. Learn more at soprabanking.com. Sopra Banking Software has the largest worldwide network of professional business and technical expertise in Wholesale Floor planning technology, thanks to our extensive experience of developing and implementing dealer funding solutions on a global scale. The result is […]

Regardless of technology advances, it’s still people with the right skills who drive your business. In this new era, what must employers consider in attracting people with the right skills?  What do employees require to be successful in creating value for a company? Justin Laborde, Ph.D., Senior Director with Kantar discusses the latest trends in […]

AFSA is proud to celebrate the crucial role female executives play throughout the financial services industry. From regional firms to national installment lenders to global vehicle finance companies, women leaders are shaping the future of our industry. During Women’s History Month, AFSA is highlighting some of the outstanding leaders in our industry. Tanya Sanders Executive […]

Today, the CFPB released guidance regarding vehicle repossessions entitled Bulletin 2022-04: Mitigating Harm from Repossession of Automobiles. While the guidance does not reflect a broad brush change in policy, the commentary surrounding the Bulletin does bear noting for several reasons. First, the Bureau is clearly demonstrating that it has very little tolerance for error, human or […]