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
Fed Report Finds BNPL Loans Increase Financial Inclusion
The Federal Reserve Bank of New York recently found that buy now/pay later (BNPL) loans have helped consumers pay off debt at a lower cost than traditional loans, despite consumer advocates urging regulators to rein in the industry. Many financially vulnerable...
Senate Advances SAFER Banking Act, Sending Legislation to Senate Floor
Last week, the Senate Banking Committee approved the Secure and Fair Enforcement Regulation (SAFER) Banking Act, a week after it was filed with revisions to garner more bipartisan buy-in. The legislation would make it easier for financial institutions to serve legal...
CFPB Launches Rulemaking to Remove Medical Debt from Credit Reports
Last week, the Consumer Financial Protection Bureau (CFPB), announced a new rulemaking process to remove medical debts from Americans’ credit reports. The Bureau says that the proposals under consideration would help families recover financially from medical...