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March 30, 2020 | Press Releases
As businesses across the country temporarily close stores, reduce employee hours or implement other responsive measures to the growing coronavirus (COVID-19) pandemic, the Community Financial Services Association of America (CFSA) is encouraging......
March 25, 2020 | Press Releases
CFSA and its member companies are committed to continuing to meet your needs safely and responsibly while we all adjust to the ongoing coronavirus (COVID-19) pandemic. However, some bad actors are using this public health situation as an opportunity to steal your money, personal information, or both. ...
March 20, 2020 | Press Releases
CFSA and its members are actively monitoring the situation as coronavirus (COVID-19) continues to spread, and are taking necessary precautions to ensure the health and safety of their customers, employees and communities....
March 19, 2020 | Press Releases
In response to the COVID-19 pandemic and its impact on the consumer financial services industry, the Community Financial Services Association of America (CFSA) and the Financial Service Centers of America (FiSCA) jointly issued the following statement on behalf of FiSCA Executive Director, Ed D’Alessio, and CFSA Chairman, D. Lynn DeVault....
November 14, 2019 | Press Releases
It is not surprising to see that nearly 57 percent of Americans would struggle to bridge a financial gap or pay an unexpected expense of $2,000. One of the many reasons millions of Americans choose to use small-dollar loans every year is to bridge financial gaps. ...
May 16, 2019 | Press Releases
Vast majority of overall comments support reconsideration, urge CFPB to protect access to credit...
February 6, 2019 | Federal & CFPB Regulations
We are pleased by today’s announcement that the CFPB is proposing to rescind part of its 2017 final rule and to delay the compliance date. These rulemakings are good first steps, and we appreciate that the CFPB has recognized some of the critical flaws of the final rule as promulgated during former Director Richard Cordray’s tenure. ...
December 6, 2018 | Federal & CFPB Regulations
CFSA congratulates Kathy Kraninger on her confirmation as BCFP Director. The BCFP deserves a Director who will listen to consumers and rely on unbiased data and research to guide its work. ...