What Is AFSA?

The American Financial Services Association (AFSA), based in Washington, D.C., is the national trade association for the consumer credit and finance industry. Founded in 1916, AFSA has a broad membership, ranging from large national financial services firms to single office, independently owned consumer finance companies. AFSA represents financial services companies that hold a leadership position in their markets and conform to the highest standards of customer service and ethical business practices. Although it is diverse, AFSA's membership is united by its main goal of serving the credit needs of consumers and businesses.

Mission Statement

AFSA's mission is to advocate the need for consumer access and choice to credit and to protect and improve the consumer credit business, maintain a positive public image, and create a legislative climate in which reasonable credit regulation can and will be enacted. The Association operates in the public interest, encourages and maintains ethical business practices, and supports financial education for consumers of all ages.