Join us TOMORROW at 2:00 p.m. ET for Auto Loan Accommodations: Insights from the Past, Applications for the Present, presented by TransUnion The COVID-19 pandemic significantly impacted consumers and businesses, and the auto industry is one of many that provided deferral and forbearance programs on existing loans. What will the pandemic’s long-term effects mean for the auto finance […]

The featured business partner for the month of December is Dealertrack. Dealertrack provides innovative technology that is critical to the success of any automotive dealership or lending institution. Our unmatched product suite fosters efficiency through integration and enables growth-focused decision-making that yields measurable results. The powerful combination of Dealertrack products and our large-scale network of […]

In this episode of the AFSA Extra Credit Podcast we talk with Jonathon Levin, CEO of Turner Acceptance about what his company has done to maintain high quality customer service during the COVID-19 pandemic. He also shared some of the important lessons he’s learned during his time as a leader in the consumer credit industry. Jonathon also talks […]

In observance of the Thanksgiving holiday, AFSA will be closed on Thursday, November 26 & Friday, November 27. As always, the AFSA team will remain vigilant and will keep you informed of any breaking news of import to the industry. From everyone at AFSA, we hope that you and your loved ones have a safe […]

This week, the American Financial Services Association (AFSA) and industry trade associations met with the Federal Communications Commission’s (FCC) Consumer and Governmental Affairs Bureau regarding proceedings before the FCC arising from the Telephone Robocall Abuse Criminal Enforcement and Deterrence (TRACED) Act. Signed into law in 2019, the TRACED Act targets illegal and unwanted robocalls, most […]

Last week, AFSA staff attended the Consumer Financial Protection Bureau’s (CFPB) virtual advisory committee meetings at which members discussed the agency’s recent initiatives and rulemakings, along with broader discussions on COVID-19-related trends in the mortgage market. Specifically, the meeting included discussions on implementing Section 1071 and Section 1033 of the Dodd-Frank Act. Section 1071 requires […]

In this episode of the AFSA Extra Credit Podcast, we talk with Danny Cantrell, CEO and Co-founder of Solutions by Text. Danny has played an integral role at AFSA and is a mainstay at AFSA conferences and events. His expertise and thoughtfulness have helped accentuate the important role that AFSA business partners play in the […]

 Join us on December 3 at 2:00 p.m. ET for Auto Loan Accommodations: Insights from the Past, Applications for the Present. The COVID-19 pandemic significantly impacted consumers and businesses, and the auto industry is one of many that provided deferral and forbearance programs on existing loans. What will the pandemic’s long-term effects mean for the […]

AFSA joined a coalition of 80 trade associations asking policymakers to revise a proposed Paycheck Protection Program (PPP) review process. The members of the organizations have been on the frontlines both delivering and receiving aid from PPP loans which have been critical to the small business economy over the last eight months. The associations sent […]

The Consumer Financial Protection Bureau (CFPB) yesterday released a new suite of resources for consumers who may have difficult making mortgage payments as a result of the coronavirus pandemic. AFSA encourages its members to share the information below with their customers. As the global pandemic continues to affect the lives and livelihoods of many of […]