Who CFSA Serves

The Community Financial Services Association of America (CFSA) was established in 1999 as the national organization for small dollar, short-term lending or payday advances. Now in its 12th year, CFSA works to promote laws and regulations that balance strong consumer protections while preserving access to short-term credit for millions of Americans.

Through a code of Best Practices, CFSA members abide by responsible industry practices that ensure customers understand the cost and risk of short-term payday advances to facilitate the best financial decisions. CFSA's Best Practices is our guarantee to consumers that our members hold themselves to the highest standard of service.

CFSA member companies represent more than half of all payday advance stores and are located in neighborhoods across the country providing a valued service to those communities. Today, more than 19 million American households count a payday loan among their choice of short-term credit products.

Who We Serve
CFSA is the national trade association for companies that offer small dollar, short-term loans or payday advances. Our association also represents companies with investments or interests in the industry, including national and local vendors and suppliers


Best Practices Myths vs Reality