American Credit News

AFSA has recently issued a response to the New York Department of Motor Vehicles concerning new guidelines for electronic lien and lease reporting.

Start booking your rooms now!

AFSA's State Government Affairs team recently submitted a comment letter to the Rhode Island Senate Committee on Commerce about Senate Bill 17, aimed at addressing "junk fees" and deceptive pricing practices.

Ling Ling Ang, managing director of NERA Economic Consulting, has expressed concerns that lowering interchange fees may lead to reduced rewards for credit card users and increased costs for consumers unable to switch providers.

U.S. Senator Elizabeth Warren and her colleagues have raised concerns with the Federal Deposit Insurance Corporation (FDIC) regarding defense measures for bank deposits amid actions by the Department of Government Efficiency (DOGE), led by Elon Musk.

The American Fintech Council (AFC) has announced that Afterman Software has joined as a new member.

AFSA has acknowledged the conclusion of the CFPB's lawsuit against Credit Acceptance Corporation.

U.S. Senator Elizabeth Warren has addressed a letter to Federal Reserve Vice Chair nominee Michelle Bowman, marking one year since the financial collapse of Evolve-Synapse, which affected over 100,000 consumers by freezing their funds.

The American Fintech Council (AFC) has voiced its concerns regarding Senate Bill 784 (SB 784) in a letter to the California Senate Judiciary Committee.

In a rapidly changing economic landscape, asset finance leaders are faced with the decision to either evolve or face the threat of obsolescence.

Julian Morris, a senior scholar at the International Center for Law & Economics, said that credit card price controls have not succeeded in benefiting consumers and small merchants.

Bangor Savings Bank has become the latest member of the American Fintech Council (AFC), an association representing fintech companies and innovative banks.

Bank of America Corporation announced it will redeem on May 9, 2025, all €1.25 billion principal amount outstanding of its 0.808% Fixed/Floating Rate Senior Notes, which are due on May 9, 2026.

Join Nick Babinsky on Thursday, April 24th, as he discusses the evolution of business-to-consumer messaging in lending.

The American Council of Life Insurers (ACLI) has released its April 2025 Financial Resilience Index, which evaluates the ability of middle-class households to manage financial challenges and plan for a stable future.

The Infatuation has announced the return of its food festival, EEEEEATSCON Los Angeles, set for June 28-29 at The Barker Hangar in Santa Monica.

TechNet, a national network of innovation economy leaders, has announced that the U.S. House of Representatives has repealed the Consumer Financial Protection Bureau's (CFPB) larger participant payment rule under the Congressional Review Act.

The Consumer Financial Protection Bureau (CFPB) appears set to alter its approach to supervision and enforcement, based on a recent memo obtained by the American Financial Services Association (AFSA).

Capital One Financial Corporation and Discover Financial Services have obtained regulatory approvals for Capital One's acquisition of Discover.

United States Senator Elizabeth Warren has voiced her concerns following the Trump administration's approval of the merger between Capital One and Discover.