Allied Finance Adjusters (AFA) is the largest, not-for-profit, national trade association of certified, bonded and CFPB compliant recovery professionals.
Allied Finance Adjusters Conference, Inc. was founded in 1936 by eight men with a profound vision of the future. A few years prior to our founding a new financial instrument was initiated by the financial community known as Chattel Mortgage Lending. That instrument and the new mobility of borrowers at that time sparked the idea of coordinating a network of collection people to strategically locate collateral nationwide and assist lending institutions in recovering property from defaulted agreements. They had the first meeting in Saint Louis, Missouri in the summer of 1936. At that meeting this association was formally born. The name chosen was "THE NATIONAL ASSOCIATION OF THE ALLIED FINANCE ADJUSTERS CONFERENCE." Following an election of officers, a blue print plan for the future was created. They pooled their money and invested in cooperative advertising. Thus the first finance adjusters’ directory was printed and mailed to lenders across the country. It was printed on newspaper stock and mailed first class. Keeping in mind that this was the 1930's, all of this work was done by hand, the hands of our founders, all working together to reach one goal, serving the financial community.
Allied Finance Adjusters Conference Inc. is a nonprofit national association of individuals who own and operate repossession companies. We are committed to the promotion of excellence within our profession. Allied will do this by educating our members and those associated with the finance industry regarding innovations, changes and improvements that affect this trade and give them the opportunity to exchange knowledge, experience and ideas in a collaborative environment.
