Hanover, Md. — The National Automotive Finance (NAF) Association reduced registration fees for its upcoming 12th Annual Non-Prime Auto Financing Conference, June 4 to 6, 2008.

"Budgets, especially travel budgets, have been reduced due to the economic downturn," says Jack Tracey, the association's executive director, "and trade conferences have been experiencing falling attendance because of it."

The association reduced all registration fees to make the conference more affordable for their members and others in the industry who are working with smaller budgets this year.

"Difficult economic conditions, rising delinquencies and losses and contraction in the securitization markets have placed financial limitations on companies who attend this event," says Tracey, "and we felt that a registration fee reduction would make it possible for more people to attend the conference where these and other issues affecting the nonprime auto market will be addressed by industry experts."

The conference is open to members and non-members, and program and registration information can be found at www.nafassociation.com.