The American Financial Services Association (AFSA) is a national trade association representing consumer credit companies and financial services firms. Its mission is to promote responsible lending and protect access to credit for consumers by advocating for policies that support the consumer credit industry.
AFSA advocates for legislative and regulatory policies related to consumer credit, auto finance, installment lending, data security, privacy, financial regulation, and banking oversight. The organization typically supports measures that promote access to credit, regulatory consistency, and industry self-regulation while opposing regulations it views as overly restrictive to consumer lending.
AFSA is primarily funded through membership dues and contributions from consumer credit companies, auto finance companies, and other financial services firms.
AFSA’s membership includes consumer finance companies, auto finance companies, credit card issuers, and other financial services providers; it also operates the AFSA Education Foundation as an affiliated nonprofit focused on financial literacy.
Trade association
