The American Financial Services Association and its members have long supported our nation’s military veterans, current servicemembers, and their families. It seems that with every passing year, the intent of Memorial Day becomes less apparent, but it’s important to remember why our nation marks Memorial Day.  Memorial Day began as Decoration Day in the late […]

In this episode of the AFSA Extra Credit Podcast, Dan chats with Stephen McDaniel, Co-founder & CEO with F&I Sentinel and Rick Hackett, Board Member with F&I Sentinel and former Assistant Director at the Consumer Financial Protection Bureau. We pick Stephen’s brain on some of the strategies companies can use to ensure F&I compliance is […]

AFSA has been fortunate to host its conferences in outstanding destinations across the country. And the 2023 Annual Meeting will be no different. In fact, you might say we’re taking this meeting to entirely new heights. Not just because of the elevation in and around Salt Lake City, but because Utah was just rated the […]

The American Financial Services Association is pleased to announce that Clint Pulver, one of the most sought-after leadership experts on employee retention, will be the Keynote Speaker at the 2023 AFSA Annual Meeting from October. Clint is the #1 bestselling author of I Love It Here: How Great Leaders Create Organizations Their People Never Want To […]

There are encouraging and concerning signals in the latest batch of economic data released by the government this week. First the good news: despite an uptick on a month-to-month basis in April, annual inflation at the wholesale level fell to its lowest since January 2021. The producer price index (PPI) for final demand increased 2.3 […]

The AFSA Extra Credit Podcast Industry Icon series continues, featuring outstanding female leaders in the consumer credit industry. This episode features Lisa Verdun, Senior Fraud Consultant with Point Predictive. She chats with Danielle Fagre Arlowe, SVP of AFSA, on how she ended up in the industry, who her influences are, and where she sees the industry […]

This past week, AFSA’s state government affairs team sent a letter to the Texas House of Representatives expressing support on HB 3389. The bill would amend state law that would improve efficiency in the vehicle finance industry. Under the bill, financial institutions would be able to claim a refund of motor vehicles sales taxes paid […]

AFSA’s Senior Vice President Danielle Fagre Arlowe recently testified before the Oregon House Committee on Rules on HB 2008. The bill would make changes to state law related to debt collection. In her testimony, Arlowe expressed concern that the bill’s provisions would limit the ability of creditors to collect on delinquent debts. As currently written, […]

AFSA signed a joint trade urging the Senate Banking Committee to introduce legislation to limit the threat credit repair scams pose to consumers and credit markets. As several state and federal regulators have warned, credit repair organizations take advantage of consumers trying to improve their financial situation by inundating financial services providers with meritless and […]

Today, AFSA commented on the CFPB’s proposal to radically reduce the safe harbor dollar amount for late fees. AFSA asked the CFPB not to proceed with rulemaking, as the proposal fundamentally misunderstands the role of late fees, would negatively impact customers and the market, ignores a bevy of consumer protections already in place, and violates […]