Today, AFSA wrote to the Small Business Administration (SBA) asking that it clarify that finance companies are eligible for Paycheck Protection Program (PPP) loan forgiveness. “AFSA’s members, like so many businesses across the country, faced sudden and dramatic revenue shortfalls last year. Instead of furloughing staff, those businesses with fewer than 500 employees applied for […]

Join Nelly Meyer, Regional Sales Director and Doug Reynolds, Regional Sales Director, both with Paymentus on May 20 at 2:00 p.m. ET for How to Collect Faster Payments while Increasing Your Consumer Satisfaction, presented by Paymentus.   Consumers are increasingly using digital wallets, chatbots, and other advanced payment channels in their everyday lives, and as […]

The AFSA Events mobile app is your connectionto up-to-datee information for the 2021 Independents Conference & Expo, whether in-person or from your office! Check the conference schedule and create a personal list of sessions to attend; Ask questions in general and breakout sessions; Keep up-to-date on last minute room changes; See who else is attending to build your network; […]

Yesterday, the House Financial Service Committee advanced a slate of six bills on a party-line vote to address perceived discrimination in the consumer financial marketplace, expand corporate disclosures, and establish language preferences for mortgage lenders and servicers, among others. A summary of the bills is below. H.R. 166 – Fair Lending for All Act: The […]

AFSA members Prabir Chakrabarty, vice president and associate general at Mariner Finance and Kristen Miller, vice president, general counsel and compliance officer with Global Lending Services appear on the latest edition of the Auto Remarketing podcast. The pair serve as chair and vice chair respectively of AFSA’s Diversity & Inclusion Working Group which is the […]

Today, AFSA’s State Government Affairs Team sent a letter to the Iowa House Ways and Means Committee expressing concerns with HF 893, which would change the maximum rate for consumer loans in Iowa to a rate cap based on the federal military annual percentage rate (MAPR). Unlike the definition of annual percentage rate (APR) in the federal Truth in Lending Act (TILA), MAPR includes the […]

AFSA’s featured Business Partner for March is RSM. We asked them a few questions about the value of their business partner membership and the issues they’re facing. Learn more at rsmus.com.  What are your financial services clients telling you are their biggest challenges in 2021? The impact of the COVID-19 pandemic on our clients in […]

In this episode of the AFSA Extra Credit Podcast we talk with Jackie Charniga, the Finance and Insurance Reporter with Automotive News. We chat about some of the things that Jackie looks for in a story and some of the things that companies should keep in mind when they’re pitching. Jackie also talks about the kinds of stories […]

Whether branded as “Environmental, Social & Governance” or “Social Responsibility,” business responsibility is no longer a “Fortune 500” concern or simply about climate change.  Any business – public or private – that must account for risk, must plan to address a host of environmental and social issues that may affect not only reputations with consumers […]

The featured Premier Business Partner for May is RSM. RSM US LLP is the leading provider of audit, tax and consulting services focused on the middle market, with 9,000 people in 90 offices nationwide. Our full range of services help specialty finance companies address their complex business challenges such as regulatory compliance, security and privacy, […]