September 9, 2019

New Study Attributes $1.6 Billion in Annual Consumer Savings to Debt Settlement Industry

WASHINGTON–(BUSINESS WIRE)–The American Fair Credit Council (AFCC), the national trade association representing the debt settlement industry, today released the findings from a first-of-its-kind analysis describing the industry’s national economic impact. The study, conducted by John Dunham & Associates, found that debt settlement services contributed a total economic impact of $4.9 billion to the U.S. economy in 2018.
February 21, 2018

Forensic Analysis of Debt Settlement Program Participants, Commissioned by the American Fair Credit Council, Validates Economic Benefit to Consumers

Fort Lauderdale, FL – February 21, 2018 –The results of a six-year study of consumers enrolled in debt settlement programs, commissioned by the American Fair Credit Council (AFCC) and performed by the Certified Public Accounting firm of Hemming Morse LLP, once again shows consumers realize financial benefit from debt settlement program participation. Furthermore, the study illustrates that consumers have realized greater benefits since regulation of the industry went into effect in 2010. The most recent report, the third of its kind since the AFCC first commissioned the study back in 2012, tracks the outcomes of over 400,000 clients in 2.9 million accounts enrolled in debt settlement programs during the period January 1, 2011 to March 31, 2017.
December 21, 2017

AFCC Press | 2018 Spring Conference Dates Announced | April 15-16

Fort Lauderdale, FL – December 21, 2017 – The American Fair Credit Council (AFCC) announced today it will hold its 2018 Spring Conference, April 15-16 at the historic Driskill Hotel in Austin, TX. The conference will highlight speakers from across the debt relief and accounts receivable management industries and for two days of informative sessions and networking opportunities.
July 14, 2017

AFCC Press | 2017 Fall Conference Dates Announced | October 8-10

Fort Lauderdale, FL – July 14, 2017 – The American Fair Credit Council (AFCC) announced today it will hold its fall conference October 8-10 at the Mirage Hotel and Casino in Las Vegas, NV. This year’s conference will bring together speakers and attendees representing the debt settlement and the credit and collection industries for three days of informative presentations and networking opportunities.
January 13, 2017

American Fair Credit 2017 Council Spring Conference Dates Announced Spring Conference to be held April 28th at the Avenue of the Arts Hotel in Costa Mesa, CA

Fort Lauderdale, FL – January 13, 2017 – The American Fair Credit Council (AFCC) announced today it will hold its spring conference April 28th at the Avenue of the Arts Hotel in Costa Mesa, CA. This year’s conference will highlight recent legislative and regulatory updates as well as technical sessions from leading industry stakeholders and leading industry consultants.

Highlights of the upcoming conference include a presentation by Robby Birnbaum, who will provide a legislative update and recap current regulatory enforcement actions working their way through the courts. Additionally, the association has retained a number a of speakers that will provide working sessions to help members learn more about emerging trends in the debt settlement industry.
January 11, 2017

American Fair Credit Council Files Formal Complaint with Consumer Financial Protection Bureau Ombudsman Regarding Inaccurate and Misleading Complaints Data

Fort Lauderdale, FL – January 11, 2017 – The American Fair Credit Council (AFCC), acting on behalf of the debt settlement service provider industry, has filed a formal complaint with the Office of the Ombudsman of the Consumer Financial Protection Bureau (CFPB). This complaint was prompted by the November 29, 2016 CFPB Complaint Snapshot Report, VOL.17 (the “Snapshot Report”), which incorrectly reported that roughly half of the approximately 4,500 complaints handled by the Bureau in this area were attributable to companies providing debt settlement services.