As Congressional and Administration officials reach the witching hour in efforts to avoid a federal government shutdown, it’s important to highlight a couple of the underlying issues that are top of mind for American businesses and consumers. First, is for a government that works … for its citizens and for the economy. In ways large […]

BUSINESS PARTNER WEBINAR AUTO FINANCE IN TRANSITION: WINNING IN THE AGE OF DIGITAL, EVS, AND EMBEDDED LENDING OCTOBER 2, 2025 AT 2:00 P.M. EST The U.S. auto finance market is shifting fast. With over $1.5 trillion in outstanding loans and EVs projected to hit 40% of sales by 2030, lenders face rising competition, regulatory pressure, […]

“Industry Expertise” is sponsored content produced by AFSA’s Business Partners’ to provide thought leadership and best practices for AFSA member companies. For more information about this sponsored content opportunity, contact Dan Bucherer. For the first time this year, the cost of credit has decreased. Will this rate cut catalyze a wave of refinancing? Time will tell […]

BUSINESS PARTNER WEBINAR Silos to Solutions – Building F&I Product Data Integrity in Auto Finance October 9, 2025 at 2:00 p.m. EST The F&I product landscape is becoming harder for lenders to navigate. Disconnected data systems slow servicing, complicate cancellations, and raise the risk of consumer complaints. These inefficiencies drive up administrative costs while creating […]

AFSA’s State Government Affairs team submitted a comment letter on September 19th, to the Missouri Secretary of State, Dennis Hoskins on four interchange ballot initiative petitions. Proposed initiative petitions in Missouri (2026-128, 2026-130, 2026-131, and 2026-132) threaten to cap electronic transaction fees at 1.5%. History shows that this approach is a dangerous road for consumers, with the Durbin […]

The CFPB has announced changes to its procedures for imposing risk-based supervision on non-bank consumer finance companies. Earlier this year, the CFPB asked for comments on making changes to these procedures. AFSA commented, agreeing with the CFPB that its proposed changes would be helpful to reduce coercion of consumer finance companies and reduce unfairness. The new changes track […]

On September 22, 2025, AFSA submitted a comment letter in response to the CFPB’s advance notice of proposed rulemaking (ANPR) on supervision of vehicle finance companies. The ANPR asked for thoughts on changing the way the CFPB supervises non-bank vehicle finance companies. Under the Dodd Frank Act, the CFPB is allowed to impose supervision on non-bank companies […]

Sharon Moore, February 1, 1947-September 21, 2025 AFSA was saddened to learn today that longtime consumer industry professional Sharon Moore passed away. Sharon was deeply involved in the consumer loan industry for decades serving in various executive leadership roles and as a former AFSA and Education Foundation Board of Directors member. During her career Sharon was […]

The House Financial Services Committee recently held a hearing on various financial frauds and scams, and in advance of the hearing AFSA sent a letter to the committee highlighting several scams currently affecting consumers and lenders, including credit repair scams, for-profit debt settlement schemes, and auto loan fraud issues. AFSA’s letter urged the Financial Services Committee […]

As was widely expected, the Federal Reserve cut interest rates, lowering the target range for the federal fund rate by 25-basis points between 4 percent to 4.25 percent. The Federal Open Market Committee, the Fed’s interest rate policy body, has long debated the potential tradeoff inherent in its dual mandate of promoting both price stability and […]