If there’s one area where folks of all stripes and political persuasions can agree, it’s that uncertainty, whether economic or employment, is uncomfortable and leaves individuals feeling vulnerable. Government policies can also play a role in creating uncertainty for consumers and businesses alike. A good example of this is when policymakers impose interest rate caps […]

We were lucky enough to see a record number of our members in Las Vegas earlier this year and the Independents Conference & Expo is shaping up to be equally as popular. So popular, in fact, that the Independents Golf Tournament on Thursday, May 5th is filling quickly! The shotgun tournament – sponsored by ACI – will […]

Senators Kirsten Gillibrand (D-NY), Bernie Sanders (I-VT), and Jeff Merkley (D-OR) introduced a bill last week that would provide the United States Postal Service (USPS) with the ability to perform certain banking services, including issuing small dollar loans. AFSA, as well as at least one other Senator, is strongly opposed to giving the Postal Service […]

“Marvelless” Mark Kamp has been helping businesses achieve Rock Star Results for over 20 years. His years of sales, small business, and entrepreneurial experience blends in perfect harmony with his success as an international touring entertainer, Las Vegas headliner, reality TV star, and best-selling author. The 2022 Independents Conference & Expo will feature fast-paced and […]

Last week, AFSA submitted a comment letter to the Consumer Financial Protection Bureau (CFPB) in response to its request for information (RFI) regarding Buy-Now-Pay-Later (BNPL) providers. The letter outlines AFSA’s support for the Bureau’s efforts to understand the BNPL marketplace and highlights some of the key differences that exist between BNPL providers and AFSA member […]

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 was saddened to learn of the passing of Mark Kenney, Leader at Severson & Werson and longtime AFSA member. Mark joined AFSA and has served on the Law Committee since the mid-1990s. In 2006 the association was proud to honor him with the Distinguished Service Award in recognition of his work on the Law Committee […]

PayNearMe announced Walgreens has joined the PayNearMe retail network, which enables cash payments at nearly 9,000 Walgreens stores across the country. PayNearMe’s cash network now exceeds 40,000 retail locations nationwide, made possible through its expanded partnership with the Green Dot Network. Millions of Americans are classified as unbanked or underbanked, making it difficult for them to […]

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 […]

On March 3, 2022, the Consumer Financial Protection Bureau issued Bulletin 2022-04: Mitigating Harm From Repossession of Automobiles (the Bulletin).  In this Bulletin, the Bureau warns vehicle finance companies about harms to consumers from repossession, and the Bureau’s plans to punish finance companies for causing these harms by invoking the Bureau’s authority to police unfair, […]