American Credit News

For the first time in 2025, borrowing costs have decreased, prompting questions about whether this will lead to an increase in refinancing activity.

The AFSA Education Foundation participated in the Congressional Black Caucus Foundation’s 54th Annual Legislative Conference, joining representatives from the National Automobile Dealers Association (NADA) and the National Association of Minority...

The AFSA Education Foundation recently participated in a consumer panel at the Congressional Black Caucus Foundation's 54th Annual Legislative Conference.

The American Fintech Council (AFC) has submitted further comments to the Washington Department of Financial Institutions (DFI) regarding proposed amendments to the state's Predatory Loan Prevention Act (PLPA).

The Electronic Payments Coalition (EPC) has launched a new national campaign marking the 14th anniversary of the Durbin Amendment.

The American Financial Services Association (AFSA) is set to host a webinar titled "Silos to Solutions – Building F&I Product Data Integrity in Auto Finance" on October 9, 2025, at 2:00 p.m. EST.

The American Fintech Council (AFC) has announced that Equifax, a global data, analytics, and technology company, has joined the organization as its newest member.

AFSA’s State Government Affairs team has released a new white paper analyzing recent changes in consumer protection enforcement.

The Federal Reserve and a coalition of banking and business groups have jointly requested an extension to the current stay in their ongoing litigation over the Federal Reserve’s stress testing framework.

Rocket Companies has finalized its $14.2 billion acquisition of Mr. Cooper Group, combining the largest home loan originator with the largest mortgage servicer in the United States.

Bank of North Dakota has joined the American Fintech Council (AFC), becoming the latest member of an industry association that represents responsible fintech companies and innovative banks.

The American Financial Services Association (AFSA) will host a webinar on October 2, 2025, focusing on the ongoing changes in the U.S. auto finance sector.

Sharon Moore, a longtime professional in the consumer loan industry, has died at the age of 78.

AFSA’s State Government Affairs team has submitted a comment letter to Missouri Secretary of State Dennis Hoskins regarding four proposed ballot initiative petitions.

Sarah Flowers, Senior Vice President and Head of Capital Advocacy at the Bank Policy Institute (BPI), has responded to a recent speech by Federal Reserve Governor Michael Barr at the Peterson Institute for International Economics regarding stress...

The Federal Reserve has reduced its target range for the federal funds rate by 25 basis points, now setting it between 4 percent and 4.25 percent.

Bank of America has announced a commitment of $12 million in zero-interest loans to support residents and small businesses in Western North Carolina affected by Hurricane Helene.

Navy Federal Credit Union has announced plans to provide financial support for its members if a government shutdown occurs at the end of September.

The Bank Policy Institute (BPI) has expressed support for the Federal Deposit Insurance Corporation’s (FDIC) recent proposal to adjust regulatory thresholds for inflation.