Policy Priorities

Fintech lending

Responsible lenders are creating access to safe, transparent and affordable credit options

Issue 101

Responsible fintech lenders that partner with regulated financial institutions are democratizing financial services and creating critical access to families who have been left behind. Our fintech and innovative bank members do not make payday or predatory loans but provide responsible, affordable credit products to a wide range of consumers looking for a safe pathway out of debt. AFC members support legislation and advocate for a 36% interest rate cap in Washington, D.C. and in states across the country.