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
Consumer Borrowing Surged in May by Most on Record
American consumers have started borrowing more as the economy recovers from COVID-19, especially in auto loans and leases, general-purpose credit cards, and personal loans. Bloomberg economists predicted an $18 billion gain, but Federal Reserve data found a $35.3...
CFPB Consumer Complaint Bulletin Highlights Consumer Difficulties During Pandemic
Earlier this month, the Consumer Financial Protection Bureau (CFPB) released a complaint bulletin highlighting difficulties consumers faced throughout the COVID-19 pandemic concerning evictions, access to economic impact payments, and student loans. “Millions of...
Sens. Lankford, Bennet Propose Allowing $1,000 Penalty-Free 401k Withdrawal Each Year
Senators James Lankford (R-Okla.) and Michael Bennet (D-Colo.) recently introduced the Enhancing Emergency and Retirement Savings Act of 2021, bipartisan legislation that would allow individuals to withdraw $1,000 from their 401k accounts each year without facing the...