“Industry Expertise” is sponsored content produced by AFSA’s Business Partners’ to provide thought leadership and best practices for AFSA member companies. For more information about this sponsored content opportunity, contact AFSA Membership. Auto finance lenders continue to navigate a complex environment, the most successful institutions can effectively balance growth and risk while responding to four […]

In a widely expected decision, the Federal Open Market Committee (FOMC) held the line on interest rates at new Fed chair Kevin Warsh’s first meeting on June 16 and 17. The federal funds rate target remains at 3.5 percent to 3.75 percent, where it has stood since late last year. The decision is being described as […]

A recent post on the Federal Reserve Bank of New York’s Liberty Street Economics blog offers a sobering look at how interest rate caps reshape the consumer lending market, often in ways their proponents may not intend. The analysis, drawn from a New York Fed Staff Report, examines three states (Illinois, South Dakota, and North Dakota) that enacted 36 […]