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On September 29, 2015, Consumer Financial Protection Bureau (CFPB) Director Richard Cordray noted during testimony to the House Financial Services Committee that the Bureau is currently finalizing rules regarding small dollar lending. He made clear that it is important to maintain access to credit, which includes ensuring American consumers have access to traditional installment loans.

NOTICE TO CONSUMERS: AFSA does not make loans. If you have been contacted by an individual or company using our logo or name offering a loan, you should consider it fraudulent - do not give any account or personal information and do not send any money.

AFSA encourages all consumers who believe they may be the victim of fradulent activity to contact their state Attorney General's office. In addition, consumers may contact the Federal Trade Commission.


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99th AFSA Annual Meeting
October 5-7, 2015
The Fairmont Copley Plaza
Boston, Massachusetts





Membership in AFSA includes access to
-- AFSA’s comprehensive Web-based monitoring system that provides legislative and regulatory tracking in all 50 states and the federal government, accessible every day of the year from anywhere in the world.

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Track the latest developments related to the implementation of the Consumer Financial Protection Bureau (CFPB) with news articles, important dates and upcoming deadlines, rulemakings, and bill analysis.

Go to AFSA's CFPB Resource Center

Installment Loans Work

Traditional installment loans provide Americans with a tried and true alternative to more predatory forms of consumer lending. The Installment Loans Work website features customer testimonials, the Installment Loans Work blog, and important fact sheets about all traditional installment loans have to offer.

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