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Home > Membership > How to Join > Active Membership
Active Membership
Consumer credit and finance companies engaged in providing financial services to consumers, small businesses, or both for at least one year in any U.S. state, possession, territory, or protectorate. 
Active members can be broken down further by the markets they represent, including:
  • Consumer and sales finance companies
  • Card issuers
  • Diversified financial services
  • Industrial banks
  • Mortgage and home equity lenders
  • Vehicle finance/leasing

Consumer and Sales Finance Companies
Companies that provide unsecured personal loans, student loans, and sales financing (providing credit for retailers’ customers). This group includes multibillion-dollar companies with nationwide offices, regional companies, and independently-owned firms that have one branch office or operations in several states. Many independently-owned companies specialize in one type of lending, such as specialty vehicle financing.

Card Issuers
Companies that offer bank cards, charge cards, credit cards, or private label credit cards.
Diversified Financial Services Companies
Companies that offer a broad range of financial products and services through offices nationwide. 
Industrial Banks
Companies not regulated by the Federal Reserve that accept deposits and make consumer loans, but do not offer demand deposit accounts. Many industrial banks are consumer lenders, engaged in mortgage, vehicle, credit card and other forms of consumer and small business lending on a nationwide basis. An industrial bank owned by a financial services firm or commercial entity provides the parent company with a number of advantages, including cost savings and greater efficiencies.
Mortgage Lenders
Companies that provide home equity loans/second mortgages, manufactured housing loans and other loans secured by a borrower’s residence.
Vehicle Finance and Leasing Companies
  • Captive finance companies of automobile, motorcycle and power sports manufacturers that provide financing and leasing to customers who purchase products from the parent company through dealers of new and pre-owned vehicles.
  • Vehicle finance divisions of banks that provide direct and indirect lending.
  • Independent vehicle finance companies that provide financing through independent automobile, motorcycle and power sports dealers.
Top Benefits of Active Membership 

Federal Government Affairs Making Your Voice Heard

  • Provides industry representation on Capitol Hill
  • Supports Members of Congress via the AFSAPAC
  • Coordinates approaches to policy development
  • Promotes the importance of financial education
  • Reduces compliance costs and opens new markets
  • Works with the federal government and regulators to restory liquidity to the marketplace

2015 Federal Legislative and Regulatory Priorities

State Government Affairs - Managing Legislative and Regulatory Issues at the State Level

  • Analyzes legislative trends
  • Gathers political intelligence and formulates strategy
  • Identifies and recommends industry-wide positions on state legislation and regulatory issues
  • Developes intellectual resources to support state and local lobbying activities - engaging in direct advocacy where appropriate.
  • Develops talking points, white papers and 50-state surveys
  • Receive complimentary access to AFSA’s legislative tracking system, AFSA*TRACK at KSE FOCUS.

    2015 State Legislative and Regulatory Priorities

Legal and Regulatory Services - Protecting Your Business

  • Eases your compliance burdens, litigation and reputation risk 
  • Meets with regulatory agencies on behalf of members 
  • Comments on regulatory rulemaking by federal agencies that affect consumer credit
  • Forms and leads industry coalitions
  • Participates in amicus briefs on behalf of members
  • Offers compliance education
  • Oversees the AFSA Law Committee - a major benefit to consumer credit and finance members 

Communications - Delivering Timely Industry Developments

  • Public Affairs - concentrates on establishing a positive identtity for the industry
  • Media Relations - works closely with reporters to voice the associatoin's position on a wide variety of topics
  • AFSA Newsbriefs - provides a once a week electronic newsletter that relays AFSA news, as well as industry's most relevant news
  • Email Alerts to Members on new regulations, legislation, and other important developments as they occur
  • Consumer Education - working with the AFSA Education Foundation and providing public relations and management support for AWARE (Americans Well-Informed on Automobile Retailing Economics)  www.autofinancing101.com

Educational and Networking Opportunities Connect You with Industry Leaders and Business Partners

  • Receive registration fee discounts at all AFSA conferences.

 Peer-to-Peer Connections to Enhance Your Professional Experience 

What is the Cost to Join?
Annual dues for active members are based on a percentage of gross income from consumer lending activities, including  interest, finance charge and service fee income from loans and leases, sales finance contracts, real estate loans, small business and agribusiness loans and leases.
Dues are paid on a calendar year and prorated after March 1. Request a dues computation form by contacting Sheilah Harrison at sharrison@afsamail.org.

Join Now!

Complete an Active Member Application and send to Sheilah Harrison, Vice President, Member Services, at sharrison@afsamail.org   Call (202) 466-8602. 
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