It has been 12 years since The Community Financial Services Association of America (CFSA) is ruling America. It originated in the year 1999. It started on a small scale and has spread like a web all over the US. It regulates proper payday loan lending facility. It takes care of both the payday lenders and the borrowers. Hence it is responsible of smooth functioning of both the parties.

According to the code of Best Practices CFSA members make it a point that that the consumers properly understand the cost overhead encountered while availing payday loans. They also help the members to take appropriate financial decisions. CFSA provides the best service to the consumers. More than half of the payday loans stores are represented by CFSA member companies. These are located in neighborhood across the country. They provide supreme service to those communities.

According to the latest report more than 19 million Americans rely upon these short term loans in order to meet their emergency needs. CFSA is no doubt the national trade association for companies that offer these short term loans. CFSA is also associated with the companies interested in investment policies. These also include national and local vendors and suppliers.