The American Financial Services Association (AFSA) announced in a newsletter that nearly 900,000 U.S. homeowners are underwater on their mortgages, indicating renewed pressure on household finances and the housing market's stability.
The American Financial Services Association (AFSA) has announced that the latest Federal Reserve Senior Loan Officer Opinion Survey indicates a modest net increase in banks' willingness to issue nonresidential consumer installment loans compared...
The American Financial Services Association (AFSA) reported in its newsletter that auto loan approval rates declined in October, despite lenders expanding access through increased subprime lending, longer terms, and reduced down payment requirements.
The American Financial Services Association (AFSA) has announced that Kevin Cullum, president of Nissan Motor Acceptance Corporation, will assume the role of chair of its board of directors for the 2025-26 term.
The American Financial Services Association (AFSA) has announced that vehicle financing and personal lending by finance companies contribute $145 billion to the U.S. economy and support nearly 840,000 jobs.
The American Financial Services Association (AFSA) has announced the submission of comments to the Consumer Financial Protection Bureau's (CFPB) Personal Financial Data Rights Reconsideration Advance Notice of Proposed Rulemaking (ANPR).
The American Financial Services Association (AFSA) has announced it will host a business partner webinar titled "How Leading Lenders are Automating for the Next Demand Surge" on November 20, 2025.
The AFSA Education Foundation recently participated in a consumer panel at the Congressional Black Caucus Foundation's 54th Annual Legislative Conference.
The American Financial Services Association (AFSA) has expressed concerns over the proposed Protecting Consumers from Unreasonable Credit Rates Act, which aims to impose a 36% annual percentage rate (APR) cap.
The American Financial Services Association (AFSA) has emphasized the impact of Federal Reserve decisions on consumer credit costs, particularly for vehicle purchases.
The American Financial Services Association (AFSA) has responded to a report by the Consumer Federation of America and USA Today, asserting that it misrepresents the state of auto financing.
The American Financial Services Association (AFSA) has announced the appointment of Celia Winslow as its new President and Chief Executive Officer, following the planned retirement of Bill Himpler.
Timothy Gill, Chief Economist of the American Financial Services Association (AFSA), said in his newsletter that while the Federal Reserve's April G.19 report indicated a monthly rise in non-housing consumer credit, overall balances remain below...