The Supreme Court is expected to rule in the next month or two on CFPB v. CFSA, the case challenging the CFPB’s independent funding mechanism through the Federal Reserve. AFSA submitted an amicus brief in support of CFSA. As we wait for the ruling, here is a brief history of the Supreme Court, how cases […]
As a US Army Green Beret, I’ve said those words more times than I care to remember. That’s because we tend to have a bad habit of getting surrounded by the enemy on purpose. You see, Green Berets parachute in below the noise and then we offset away from the chaos. Then we walk in […]
Borrower engagement is crucial for maintaining healthy financial relationships and ensuring timely bill payments. But what exactly is borrower engagement? It’s the level of involvement and interaction between borrowers and lenders throughout the loan lifecycle. When it comes to bill payment, engaged borrowers are more likely to stay on top of their obligations, reducing the […]
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
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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.