The U.S. has a full history of evolving national consumer financial protection laws to ensure consumers are fairly and responsibly treated by financial institutions. Some 22 different federal laws, spanning eight different agencies, create a layered system of laws that protect consumers. The ongoing evolution of these laws serves a rich and diverse economy where […]

The Consumer Financial Protection Bureau (CFPB) yesterday posted a blog that doubles down on earlier flawed Bureau analysis of the vehicle finance industry.  The thesis: consumers, particularly those with less than stellar credit (i.e., subprime credit scores), receive varied interest rates on vehicle loans.  How, the CFPB pondered, could two individual consumers with the same […]

While we expect over 550 AFSA Members and Business Partners to gather in Washington, D.C., we know that some Members and Business Partners are still operating with travel restrictions. To meet their needs, AFSA will offer a Digital Pass for our Vehicle Finance Conference, with live access to all general sessions. AFSA Digital Pass Powered by   WHAT YOU CAN […]

The AFSA Event App is your key to the most up-to-date info for the 2022 Vehicle Finance Conference & Expo!

This week, AFSA’s State Government Affairs (SGA) team sent a letter commenting on a recent rulemaking by the New York Department of Financial Services (DFS) on third-party debt collection rules. The DFS’ new rules would make significant changes to existing rules, including debt validation requirements and new restrictions on communicating with consumers. In the letter, […]

Yesterday, AFSA completed a Request For Information from the House Select Committee on Economic Disparity and Fairness in Growth regarding policy areas that can help close the prosperity gap in the United States. AFSA’s comments focused on the impact of its Education Foundation, which has successfully promoted quality personal finance courses for teachers, students, and […]

If we’re in Vegas, it can mean only one thing: outstanding headline acts! And the 2022 Vehicle Finance Conference & Expo will not disappoint. Keynote Speaker Jon Taffer Sponsored by FIS Jon Taffer is an award-winning hospitality expert, entrepreneur and thought leader with nearly 40 years of success in the entertainment, hospitality and nightlife industries. He is perhaps best […]

Join us on February 24 at 2:00 p.m. for Digital Retail Done the Right Way, presented by NetSol. This webinar will focus on customer centricity as the North Star to creating a digital retail platform for the mobility ecosystem. You’ll learn how your business can leap-frog current lead generators, transform the customer experience without neglecting stakeholder needs, us end-to-end […]

On February 7, AFSA responded to the Federal Trade Commission’s (FTC) supplemental rulemaking further amending the Standards for Safeguarding Customer Information (Safeguards Rule). A provision of the Gramm Leach Bliley Act (GLBA), which among other things, requires financial institutions (FIs) to provide customers with information regarding institutions’ privacy practices and customer opt-out rights, the Safeguards […]

AFSA was saddened to learn of the passing of Cheslie Kryst on January 30th. Ms. Kryst was an important voice on diversity, equity and inclusion, and her voice and leadership were an extension of her remarkable life story and her career.   Ms. Kryst served as the Diversity Advisor with Poyner Spruill, was the 2019 Miss […]