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
Survey Finds 40% of Credit Card Debtors Don’t Know Their Interest Rate
A recent consumer survey commissioned by Bankrate found that 40 percent of credit card debtors don’t know the interest rate on their primary card with a balance. Bankrate measured the average credit card rate at 16.3 percent, and the Federal Reserve measured it at...
CFPB Report Claims Credit Bureaus Deficient in Responding to Consumer Complaints
A recent analysis by the Consumer Financial Protection Bureau (CFPB) found that the three major credit reporting agencies—Equifax, Experian, and TransUnion—reported relief in response to less than 2 percent of covered complaints, a decline from nearly 25 percent of...
Study Finds Younger Generations Paying More in Monthly Banking Fees than Older Generations
A recent Bankrate survey found that Gen Z and millennial account holders pay on average more than three times as much in monthly bank fees than older generations. Checking account holders pay an average of $8 per month, and while Gen X pays about $4 and baby boomers...