Our Resources
A Digital Financial Literacy Program
Too many consumers mismanage their budgets, make uninformed investment decisions, and fail to properly plan for the future. NAFSA is committed to empowering people with the skills they need to change this trend and thrive financially. NAFSA’s Financial Literacy Program offers an assortment of digital modules covering a wide variety of financial topics, including building emergency savings, mortgage education, and retirement planning.
Tribal Online Lending Best Practices
NAFSA has developed Best Practices for the exclusive use of all NAFSA Members as it relates to their Tribal Online Lending businesses. We believe these Best Practices will help ensure consumer protection, quality service, and positive customer and industry interactions during the life of the loans made by tribal lending entities who are NAFSA members. Our Best Practices apply to all stages of the loan, including marketing, origination, servicing, collecting, and ongoing data privacy.
The Latest Financial News
Barr Confirmed for Fed Vice Chair of Supervision
On Wednesday, The U.S. Senate confirmed Michael Barr to serve as Vice Chair of Supervision at the Federal Reserve (Fed), where many expect that he will crack down on big banks while being open to new fintechs playing a role in the financial services industry. With...
More Consumers Now Using Buy Now Pay Later for Everyday Expenses
Buy Now, Pay Later (BNPL) loans have become popular payment methods for big-ticket items, but consumers have been using them recently for everyday purchases, likely due to increased prices for goods related to inflation and supply chain issues. Consumer advocates and...
New Fed Data Shows Consumer Credit Usage Hit Record High in May
According to new data released by the Federal Reserve last week, consumer borrowing rose by $22.3 billion between April and May, pushing total outstanding credit to a record high. Despite reaching a new high point, the rate of increase was only 5.9 percent—a decrease...