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Remove the Rate Cap from the Jobs and Neighborhood Investment Act
Sep 02, 2020

The objectives of the bipartisan, bicameral legislation, Jobs and Neighborhood Investment Act, are laudable. These bills, H.R. 7709 and S. 4255, direct billions in new investments to help low-income and minority communities withstand this unprecedented economic downturn and emerge stronger with increased access to capital and new economic opportunities. As the cosponsors of the legislation explain, the […]

SGA Focuses on Optional Protection Products in Whitepaper
Sep 01, 2020

This week AFSA’s State Government Affairs (SGA) team published a white paper on Optional Protection Products. Optional protection products—sometimes referred to as ancillary or voluntary protection products—are sold and financed in connection with a credit agreement to offer borrowers peace of mind or additional protections.   The peace of mind makes optional protection products popular with consumers. In fact, a 2017 survey from the University of Michigan […]

Joint Trades Comment on FCC’s Call Blocking Efforts
Sep 01, 2020

This week, AFSA joined other trade groups in commenting on the Federal Communications Commission’s (FCC) proposed rulemaking to implement the TRACED Act. Specifically, the trades expressed support for the FCC’s goal of eliminating illegal robocalls, but emphasized the importance of preventing legitimate calls from being erroneously blocked. Under the TRACED Act, redress mechanisms must be […]

September Featured Partner: ACI
Sep 01, 2020

The featured Business Partner for August is ACI. We asked them a few questions about their business and what they’re seeing in the economy. Learn more at aciworldwide.com. What is the most important issue facing your company right now? ACI Speedpay has been focused on meeting the new challenges faced by billers and consumers, from the […]

“Iron Man” Cal Ripken Jr. to Keynote AFSA Annual Meeting
Aug 31, 2020

AFSA is pleased to announce that Major League Baseball Hall of Famer, “Iron Man” Cal Ripken Jr., has joined the lineup as a keynote speaker for the 2020 Virtual Annual Meeting & Independents Conference & Expo. Mr. Ripken will join the conference live for a “fireside chat,” and will take attendees’ questions. Register today for […]

September Featured Partner: ACI
Aug 31, 2020

The featured Business Partner for August is ACI. We asked them a few questions about their business and what they’re seeing in the economy. Learn more at aciworldwide.com. What is the most important issue facing your company right now? ACI Speedpay has been focused on meeting the new challenges faced by billers and consumers, from the […]

Disregard non-AFSA Solicitations
Aug 31, 2020

AFSA is aware of several scam companies and individuals posing as AFSA staff members, offering a variety of professional contact lists. Many of the most recent messages offer discounted lists because of the need to cancel/postpone many meetings. You should disregard these messages.  The best way to determine if an email message is from an AFSA staff member is to look at […]

AFSA Submits RFI on Texas Consumer Protection Law
Aug 27, 2020

On August 21st AFSA’s State Government Affairs (SGA) team sent a letter to the Texas Privacy Protection Advisory Council in response to the council’s request for information from industry stakeholders. The five-member council was created by HB 4390 in September 2019 and must submit recommendations on statutory changes regarding consumer privacy by September 1, 2020. […]

ACI on the Value of AFSA Membership
Aug 26, 2020

Over the last several weeks, we’ve spoke about the value of our Business Partner membership and the impact it has on our members. Here is another testimonial from a Business Partner member. ACI Worldwide, another valued member, says that AFSA’s “member base is a perfect match with ACI’s targeted and existing consumer finance customer base, particularly in the auto and consumer lending […]

AFSA Supports CFPB’s Advisory Opinion Program
Aug 24, 2020

AFSA submitted a letter on Friday in support of the Consumer Financial Protection Bureau’s (CFPB) proposed advisory opinion program. The program would allow financial institutions to submit questions to the CFPB on areas where regulatory uncertainty exists. The CFPB’s goal is to better enable compliance in the face of regulatory and statutory uncertainty. AFSA agrees with the […]

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