Mission Statement
The National Automotive Finance Association will lead the way in building a forum of transparency and trust for all industry stakeholders: lenders, dealers, suppliers, shareholders, and regulators. We will set the standard in cooperation and collaboration that results in an industry that produces transparent and fair finance solutions that inspire consumers to purchase automobiles.
Vision Statement
The National Automotive Finance Association believes that every consumer with the desire and means to purchase a vehicle should have fair, responsible, and reasonable access to automotive financing. We believe that a healthy and sustainable non-prime automotive marketplace is driven by ethical and responsible practices. The National Automotive Finance Association is the advocate and the voice for these practices.
Diversity Statement
The National Automotive Finance Association is an organization that is open to all people. We welcome and value individuals of all age, race, ethnicity, religion, gender, ability, sexual orientation, financial circumstance, or thought. We are committed to embracing diversity, and we feel strongly that it reflects the people and needs of our industry.
Compliance Education
Today compliance is at the forefront in auto finance management. The Consumer Financial Protection Bureau requires that finance companies have a comprehensive Compliance Management System (CMS). The most critical part of a CMS is an educated workforce. The National Automotive Finance (NAF) Association is committed to providing comprehensive compliance education to the auto financing industry.
The NAF Association provides educational programs for finance company compliance management staff, stake holders involved in compliance and for those finance company employees that function in line capacities that deal directly with the public. The educational programs offer in-depth coverage of the laws and regulations that directly affect auto financing. Periodic testing to confirm understanding of material is part of each program and must be successfully completed before proceeding to graduation.
Non-Prime Times
The e-magazine for the non-prime auto finance industry. You’ll find content on a variety of topics for improving business strategies, collections, compliance, and more! Non-Prime Times, the official publication of the NAF Association, has been the resource for the non-prime finance professional since 2011.
