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
18% of Consumers Reported Overdrafting Account in December, Rising from 14% in August
Recent polling data from Morning Consult found that nearly one in five consumers with a credit union or bank account—18 percent—reported overdrafting the account in December, up from 14 percent in August. About two-thirds of consumers who overdrafted in December said...
Wells Fargo, Small Banks Launch Short-Term Loan Products
Wells Fargo recently announced plans to offer a short-term credit product that it expects to be in the marketplace by the end of this year. The loans will provide amounts up to $500 at a flat rate that has not yet been determined, and will be repayable in three equal...
Experian Report: Nearly 1 in 5 American Adults Do Not Have Conventional Credit Score
New research released by Experian and Oliver Wyman found that 106 million American consumers cannot secure credit at mainstream rates because they have a subprime credit score, are unscoreable by conventional credit scores, or are considered credit invisible. Lenders...