AFSA’s State Government Affairs team sent a veto letter to California Governor Gavin Newsom in opposition to commercial collections Senate Bill 1286. This bill addresses small business debt and a collections law, the Rosenthal Fair Debt Collection Practices Act. with which the creditors must comply. The state wants to expand the Rosenthal Act to cover commercial collections, and […]
With 54 calendar and 12 session days until the election, Congress has some important unfinished business: funding the government. Speaker Mike Johnson (R-LA) unveiled his continuing resolution that would provide stopgap funding through March 2025. Following some dissent, the first procedural vote was pulled from the calendar yesterday. House Majority Whip Tom Emmer (R-MN) is working […]
AFSA released its quarterly Consumer Credit (C3) Index survey of leading providers of consumer credit, including mortgages, vehicle financing, personal installment loans, and credit cards. The C3 Index is the only national survey that provides a look into AFSA member companies’ perceptions of business conditions and key business indicators, including how they see the consumer-lending […]
Consumer Lending by the Numbers
13.7 MILLION consumers hold a traditional installment loan
13.7
million
consumers hold a traditional installment loan
82 MILLION consumers in the PRIME VALUE or better risk tier
AFSA’s comprehensive web-based monitoring system provides legislative and regulatory tracking in all 50 states and the federal government, accessible every day of the year.
Interested in receiving AFSA publications like Capital Notes, News You Need, meeting details, and webinar/podcast announcements? Create a user account today!
AFSA has assembled a number of resources to help members as they navigate the COVID-19 coronavirus and continue to assist their communities. Click to read more.
