About CFSA

Leadership, Integrity & Compliance

The Community Financial Services Association of America (CFSA) was established in 1999 to ensure consumer confidence in, and long-term success of, the payday advance industry. Our mission is to promote legislation and regulation that provides payday advance customers with substantive consumer protections while preserving their access to short-term credit options, and encourage responsible industry practices by requiring. To this end, CFSA demonstrates a sustaining commitment to leadership, integrity and compliance in working with policymakers in all 50 states and Washington, D.C.

CFSA is the only national and exclusive advocate for the payday advance industry and its customers. It is comprised of more than 150 member companies representing over half of the estimated 22,000 payday advance locations nationwide. CFSA members participate in self-governance by adhering to a mandatory set of Industry Best Practices, adopted in January 2000 to ensure that lending transactions are conducted in a safe and responsible manner and with appropriate consumer protections.

All CFSA member companies are required to display the CFSA member decal and Best Practices prominently in all store locations as well as make the CFSA Best Practices consumer protection brochure available to all new customers.