Discussing All Sides of Industrial Loan Companies
Mar 16, 2021
Washington, D.C. may be operating under one political party at both ends of Pennsylvania Avenue, but that doesn’t mean only one side of public policy should be discussed. Unfortunately, that’s exactly what happened on March 12, when the Bank Policy Institute held a seminar which it said was intended to “encourage discussion on the role […]
Auto Dealership Financing at a Glance
Mar 15, 2021
Take a look at AFSA’s one sheet on the value of auto dealership financing.
Telling Half the Story
Mar 12, 2021
An article in the Bay St. Banner takes a page torn straight from the consumer “advocate” playbook: telling half of the story. The article details various legislative efforts around the country to implement restrictive, anti-consumer interest-rate caps, including a recent bill in Illinois. The piece is littered with the same misrepresentations and generalizations, the same […]
Congress Reaches Agreement to Extend PPP
Mar 11, 2021
Leaders in both parties of Congress reached an agreement to extend the Paycheck Protection Program (PPP) for an additional two months. House Small Business Chair Nydia Velazquez (D-NY) and Ranking Member Blaine Luetkemeyer (R-MO) came to an accord yesterday. AFSA had joined with others in the industry last week asking for an extension of the […]
AFSA Supports Fair Debt Collection Practices for Servicemembers Act
Mar 11, 2021
AFSA strongly supports H.R. 1491, the “Fair Debt Collection Practices for Servicemembers Act,” and wrote urging the House of Representatives to pass this legislation as quickly as possible. The Fair Debt Collection Practices for Servicemembers Act rightly prohibits a debt collector from threatening a servicemember’s rank, security clearance, and prosecution under the Uniform Code of Military Justice. These […]
AFSA Submits Amicus Brief in Credit Reporting Case
Mar 05, 2021
The American Financial Services Association (AFSA) submitted an amicus brief on March 4 before the United States Court of Appeals for the First Circuit in Consumer Data Industry Association (CDIA) v. Frey. The case was brought by CDIA against Maine Attorney General Aaron Frey and Superintendent of the Maine Bureau of Consumer Credit Protection William […]
Get Excited for May on the Gold Coast!
Mar 05, 2021
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Vehicle Finance Conference Session Recordings Now Available
Mar 04, 2021
If you attended the 2021 Vehicle Finance Conference last week, we are pleased to inform you that recordings of all sessions are now available at the AFSA Streaming Center. Click this link to visit the Streaming Center, part of AFSA’s website. On the top right of the page, click Sign In. You will be redirected to […]
AFSA Joins Trade Associations Requesting Extension of the PPP
Mar 04, 2021
The American Financial Services Association (AFSA) and fellow trade associations wrote to Congressional leaders supporting the extension of the Paycheck Protection Program (PPP). The loan program, scheduled to end on March 31, originated from the Coronavirus, Aid, Relief, and Economic Security (CARES) Act. The PPP provides assistance to small businesses to keep their employees on […]
WATCH | Test Driving Billing, Payment and Collection Models
Mar 03, 2021
From luxury SUVs to sporty convertibles, consumers have wide-reaching choices and preferences when it comes to transportation. They also have a lot of choices, and differing preferences, when it comes to paying for their vehicles. Join Darcy Locke of ACI Worldwide on March 4th at 2:00 p.m. ET in this interactive AFSA Business Partner Webinar […]