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
CFPB Launches Rulemaking Process to Strengthen Personal Financial Data Rights
The Consumer Financial Protection Bureau (CFPB) recently launched a rulemaking process which it says is intended to help strengthen consumers’ control over and access to their financial data. It would allow consumers to safely walk away from companies with bad...
U.S. Personal Savings Rates Drop to Lowest Point Since Great Recession
The U.S. personal saving rate, or what percentage of a consumer’s disposable income is left over after they pay taxes and spend money, reached its lowest level since the Great Depression when it fell to 3.3 percent in Q3 from 3.4 percent in Q2. Personal savings in the...
OCC Announces Plans to Establish Office of Financial Technology
Last week, the Office of the Comptroller of the Currency (OCC) announced plans to create an Office of Financial Technology in 2023 to help the agency adapt to the changing banking landscape. The office will incorporate and build on the Office of Innovation, which was...