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
Bank Overdraft Fees Hit Record Highs During Pandemic
A recent survey from Bankrate found that Non-Sufficient Funds (NSF, commonly known as overdraft) fees rose to their highest amount ever last year as Americans struggled to make ends meet during COVID-19. The average NSF fee for an overdrafted account was $33.58, a...
CFPB Director Chopra Testifies Before Congress
Rohit Chopra, President Biden’s newly installed Director of the Consumer Financial Protection Bureau (CFPB), testified this week on consecutive days before the House Financial Services and Senate Banking Committees in his first congressional hearing as CFPB Director....
Tester Expresses Concerns about OCC Nominee, Potentially Endangering Confirmation
Last week, U.S. Senator Jon Tester (D-Mont.), who serves on the Senate Banking Committee, voiced concerns about Saule Omarova, President Biden’s nominee to lead the Office of the Comptroller of the Currency (OCC). His opinion will likely pose an obstacle in Omarova’s...