HOME | CREDIT ARCHIVES
COVER STORY High schools across the country are about to have access to an exciting online personal finance course, thanks to AFSAEF. Better yet, the schools will be able to use the course free of charge.
More Details
|
MoneySKILL, is a highly interactive, reality based Internet curriculum designed to teach personal finance. This course consists of 36 modules that students complete in approximately 40 minutes per module. Content areas include Income, Expenses, Assets, Liabilities and Risk Management.
|
 NEWS FLASH: FTC Chairman to Speak at AFSA Annual Meeting—FTC Chairman Timothy Muris is scheduled to speak on Tuesday, October 28 at the 87th Annual AFSA Meeting and Leadership Conference to be held in Washington DC. Chairman Muris is likely to address the Do Not Call Registry as well as other salient issues affecting the financial services industry. For further information, contact AFSA's Meetings and Conference Department at (202) 296-5544.
GOVERNMENT/REGULATORY AFFAIRS
At this writing, the financial services industry is holding its breath awaiting Senate action to reauthorize the several expiring sections of the Fair Credit Reporting Act (FCRA). The full Senate is poised to take up its bill sometime in October, after which a conference report must quickly be accepted by both Houses of Congress in order to pass this legislation before the time expires for the provisions on January 1, 2004.
More Details
The efforts put forth by DC legislators this session to introduce legislation that would overhaul the regulation of Fannie Mae, Freddie Mac, and possibly that of the Federal Home Loan Banking System, have been temporarily stagnated by the postponement of a House committee hearing.
More Details
In a speech given to the Texas Association of Bank Counsel's 27th Annual Convention, Federal Reserve governor Edward Gramlich also said "subprime lending has many desirable aspects" and "we would not want to adopt draconian policies that extinguish or greatly curtail legitimate subprime business."
More Details
The Internal Revenue Service, the Federal Trade Commission and state regulators issued an October 14th alert for consumers seeking assistance from tax-exempt credit counseling organizations.
More Details
INDUSTRY
UPDATE
National/World Headlines
Capital One and consumer advocacy group Consumer Action announced that their joint MoneyWi$e financial literacy partnership provided a free two-day training seminar to more than 80 non-profit groups from communities across Texas on October 1, 2003.
More Details
Fostering its commitment to youth education, Option One Mortgage has recently made a gift of $200,000 to the Orange County, Inland Empire Chapter of Junior Achievement. The contribution is among the largest in the chapter's history, according to an announcement by Dennis Young, president of JA of Orange County and The Inland Empire.
More Information
|
 |
|
|
AFSA
NEWS
 In an interview with the incoming AFSA chair, Donna Zarcone, President and COO of Harley-Davidson Financial Services, said "there are many other financial services companies, both captive finance companies and independents, who would benefit greatly through a membership in AFSA."
More Details
AFSA gains two new Associate member companies and one new Active member company.
More Details
AFSA prevailed in its longstanding challenge to the Cleveland ordinance aimed at subprime lending; AFSA also seeking certiorari from the CA Supreme Court for its case against Oakland.
More Details
 AFSA has submitted an amicus brief in Koons Buick Pontiac GMC, Inc. v. Bradley Nigh to urge the U.S. Supreme Court to address an ambiguous area of the Truth In Lending Act.
More Details  Danielle Fagre, formerly of
Metris Companies, comes on board October 26.
More Details
FOUNDATION
FOCUS
In a news release issued in late summer, AFSAEF says young people armed with an understanding of credit card basics before they head off to college are more likely to use these cards responsibly and less likely to find themselves overwhelmed by card debt.
More Details
 Orders continue to come in for "Understanding Vehicle Financing," produced by AFSAEF and NADA, in cooperation with the FTC. To obtain copies, please contact AFSAEF at 1-888-400-2233.
More
Details
Join
Our Mailing List
|
Indicates
link outside Credit. Close new window to return.
AFSA has reached an agreement with the National Automobile Dealers Association (NADA) to hold its 2004 Auto Finance Conference and Exposition immediately prior to NADA's 2004 Annual Convention in Las Vegas, Nevada.
Tucker Carlson of CNN's Crossfire will keynote the 21st Independents Conference & Exposition in Indian Wells, California. The conference is scheduled for March 24-27, 2004 will teach "Strategies for the 21st Century."
