Industry Study Shows Sixth Straight Year of Growth in Non-Prime Auto Space October 03, 2017

The non-prime automotive financing sector experienced the sixth consecutive year of market growth in 2016, according to the 2017 Non-Prime Automotive Financing Survey. Co-sponsored by the National Automotive Finance (NAF) Association and American Financial Services Association (AFSA), the survey is a benchmarking tool to identify trends in the industry.

AFSA Releases Fintech Regulation White Paper October 03, 2017

On October 3, AFSA’s State Government Affairs department released its October white paper on the ongoing evolution of the regulation of fintech companies. At a time when federal and state regulators debate how these emerging sources of consumer credit should be regulated, AFSA’s white paper examines the Office of the Comptroller of the Currency’s (OCC) proposed special purpose national bank charter for fintech companies and outlines the concerns raised by state regulators and fintech companies in response to the proposed charter.