The American Financial Services Association (AFSA) is a national trade association representing the consumer credit industry, including banks, finance companies, auto finance companies, and other financial services providers. Its mission is to promote responsible lending practices and to advocate for public policies that support access to credit for consumers and businesses.
AFSA typically advocates for legislation related to consumer credit, banking regulation, auto finance, data privacy, debt collection practices, financial technology, and regulatory compliance. The organization supports policies that promote access to credit, industry self-regulation, and balanced consumer protection standards.
AFSA is primarily funded through membership dues paid by financial services companies and industry stakeholders.
AFSA is affiliated with member financial institutions, auto finance companies, and related industry groups, and operates an affiliated political action committee known as the American Financial Services Association Political Action Committee (AFSA PAC).
Trade association
